You are the auditor of Blue Haze Ltd and are nearing the completion of the audit work for the current year when the audit senior, Travis Dean, advises you that he has been offered a job at Blue Haze Ltd as soon as the current audit is finished.What type of threat to the auditor's independence does this situation constitute?

Question

Quizplus · Accepted Answer

This situation constitutes a self-interest threat as the senior auditor's future employment prospects with the audited entity may create bias and compromise their objectivity and independence in performing the audit.

You Are the Auditor of Blue Haze Ltd and Are