- 5 Marks
AA – July 2023 – L2 – Q2b – Professional and Ethical Considerations
Safeguards to be applied by an auditor in various relationships with clients.
Question
b) What are the safeguards to be applied by an auditor in relation to the following?
i) Financial interest in the client.
ii) Loans and Guarantees to or from the client.
iii) Business relationship with the client.
iv) Family and personal relationship with the client.
v) Employment with an Assurance Client. (5 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Auditor Independence, Auditor Relationships, Ethical considerations, Safeguards
- Level: Level 2
- Topic: Professional and Ethical Considerations
- Series: JULY 2023