Cliff Marsden has been an audit manager at Copeland & Cahoon, CA's the past ten years. Two years ago he performed human resourcand internal audit functions for 9 months while his client underwent a major restructuring. His firm has a policy of changing audit partners and managers every five to seven years. He is reluctant to take on the audit because he believthere is an independence threat. Which threat is in play?

Question

Quizplus · Accepted Answer

Cliff Marsden's involvement in human resources and internal audit functions for the client creates a self-review threat, as he may be in a position to audit his own work.

Cliff Marsden Has Been an Audit Manager at Copeland