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Answering questions on threats

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Answering questions on threats

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by gussy.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • October 9, 2017 at 9:04 am #409975
    gussy
    Participant
    • Topics: 4
    • Replies: 39
    • ☆

    H sir,

    This may sound like a silly question. But I need to be sure.

    In answers on threats It’s common to have 2 or 3 threats to one issue.
    For example with personal relationships there may be familiarity, self-interest and intimidation threats.
    Let’s say in the exam I mentioned only one of these threats (with its explanation), will i get the full marks or do I have to mention all three?

    Thanks sir.

    October 9, 2017 at 11:53 am #410015
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10587
    • ☆☆☆☆☆

    I think, if you have time, it is best to mention all three. Eg

    The FD and audit partner are brothers and this can introduce familiarity, self-interest and intimidation threats.

    Familiarity reduces professional scepticism; self-interest implies not upsetting family relations; intimidation because there might be a history of influence or bullying between tehebrothers.

    October 9, 2017 at 12:42 pm #410020
    gussy
    Participant
    • Topics: 4
    • Replies: 39
    • ☆

    Okay. So I should be on the lookout for further related threats then.

    Thank you so much sir! 🙂

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