Threats to auditor independence can come from various sources.Which of these is referred to in the Code of Ethics as a self-review threat?
A) The possibility of potential employment with the audit client.
B) Preparation of original data used to generate a financial statement that is the subject matter of the audit engagement.
C) Concern on the part of the auditor about the possibility of losing the engagement.
D) Pressure to reduce inappropriately the extent of work performed in order to reduce fees.
Correct Answer:
Verified
Q2: Which of these jeopardises audit independence?
A)Extensive educational
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Q6: John resigned from an assurance engagement because
Q7: The word 'ethics' is derived from the
Q8: The conceptual approach to independence requires that
Q9: In relation to specific threats to auditor
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Q10: The main area of practice covered in
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