- 1 Marks
AA – L2 – SA – Q2.3 – Ethical Threats
Threats from auditing a company with partner connections.
Question
Peak & Co has been approached to audit Skyline plc, a listed company, which is a public interest entity. A partner in Peak & Co has shares in Skyline plc and another partner’s brother is the CEO of Skyline plc.
What types of threats would taking-on the audit of Skyline plc present?
A Advocacy and self-interest threats
B Self-review and self-interest threats
C Familiarity and self-interest threats
D Advocacy and intimidation threats
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