Code of ethics establishes a conceptual framework that requires a professional accountant to identify, evaluate, and address threats to compliance with the fundamental principles. The conceptual framework approach assists professional accountants in complying with the ethical requirements of this code and meeting their responsibility to act in the public interest. There are a variety of threats that can impact an auditor’s compliance to the fundamental principles of the code. List and explain these 5 threats.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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Code of ethics establishes a conceptual framework that requires a professional accountant
to identify, evaluate, and address threats to compliance with the fundamental principles. The
conceptual framework approach assists professional accountants in complying with the ethical
requirements of this code and meeting their responsibility to act in the public interest. There are a
variety of threats that can impact an auditor’s compliance to the fundamental principles of the
code. List and explain these 5 threats.

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