PLEASE ANSWER NO. 8 7. Examples of various threats to independence Self-interest  Self-review  Familiarity  Advocacy (2) Intimidation (2) 8. Three (3) categories of safeguards related to the different threats in no. 7

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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PLEASE ANSWER NO. 8

7. Examples of various threats to independence

  1. Self-interest 
  2. Self-review 
  3. Familiarity 
  4. Advocacy (2)
  5. Intimidation (2)


8. Three (3) categories of safeguards related to the different threats in no. 7

9. Two (2) options of a public accountant when the safeguards in no.8 are not effective to eliminate or reduce threats

PLEASE ANSWER NO. 8

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