Ethics - Threats and Safeguards

Question 1

When may a self-interest threat occur?

Answer 1

As a result of a member’s financial or other interests, or those of an immediate family member, influencing behaviours and decisions of the member

Question 2

When may a self-review threat occur?

Answer 2

When a previous judgement needs to be re-evaluated, or reviewed, by the same member responsible for that judgement

Question 3

When may an advocacy threat occur?

Answer 3

When a member promotes a position or opinion to the point that objectivity may be compromised

Question 4

When may a familiarity threat occur?

Answer 4

When, because of a close relationship, a member becomes too sympathetic to the interests of a client

Question 5

When may an intimidation threat occur?

Answer 5

When a member is deterred from acting objectively by actual or perceived threats from others