Auditors are important because they are able to provide assurance of an organization's financial statements from an objective and independent opinion. It benefits the company in several ways, such as maintaining consistency, finding errors in their processing, or detecting fraud. While performing work , the auditors may face situations when they will not be able to fulfill ethical requirements.    Which threat may occur when a professional accountant may be deterred from acting objectively by threats, actual or perceived? Intimidation threats Self-review threats Self-interest threats Advocacy threats

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Auditors are important because they are able to provide assurance of an organization's financial statements from an objective and independent opinion. It benefits the company in several ways, such as maintaining consistency, finding errors in their processing, or detecting fraud. While performing work , the auditors may face situations when they will not be able to fulfill ethical requirements.

 

 Which threat may occur when a professional accountant may be deterred from acting objectively by threats, actual or perceived?

Intimidation threats

Self-review threats

Self-interest threats

Advocacy threats

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