- 15 Marks
AA – May 2022 – L2 – SC – Q6 – Auditor’s Liability
Discuss three types of threats auditors face and the safeguards to mitigate those threats.
Question
In the course of carrying out their assignments, the auditors are usually faced with threats created by a broad range of circumstances.
a. Explain THREE types of threats usually faced by auditors. (6 Marks)
b. Explain the circumstances that may give rise to the threats in (a) above. (6 Marks)
c. Highlight THREE major categories of safeguards which may mitigate or reduce threats to auditors. (3 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Auditor Independence, Auditor Threats, Ethical Issues, Professional Conduct
- Level: Level 2
- Topic: Auditor’s Liability
- Series: MAY 2022
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