Ethical Threats

Question 1

Self-interest

Answer 1

A fin or other interest may inappropriately influence the accountant’s judgement or behaviour

Question 2

Self-review

Answer 2

Where the accountant may not appropriately evaluate the results of a previous judgment made or activity or service performed by themselves or others within their firm.

Question 3

Advocacy

Answer 3

Threat that an accountant promotes the clients or employer’s position to the point that their objectivity is compromised.

Question 4

Familiarity

Answer 4

Due to a long or close relationship with a client or employer, the accountant may be too sympathetic to their interests or too accepting of their work.

Question 5

Intimidation

Answer 5

The accountant may not act objectively due to actual or perceived pressures.