The auditor may be faced with threats to their ethical principles. Consider the three statements below and decide which of these present an ethical threat to an audit firm, type the words 'ethical threat' and 'not a threat' beside the statements.
-The son of the engagement partner on the audit of Wibble plc has accepted a job as technical manager in the engineering division
Correct Answer:
Verified
Q1: Complete the statement below on the overall
Q2: Staff of audit firms should be asked
Q3: The audit partner for a listed entity
Q4: Audit firms should not accept consultancy work
Q5: Audit files should be subject to a
Q7: The auditor may be faced with threats
Q8: The auditor may be faced with threats
Q9: Which of the following is not a
Q10: Auditors must comply with relevant laws and
Q11: Integrity can be defined as the auditor
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