Again, i am doing BPP revision question-
It says MR day is a audit partner in ali company from last 9 years and has been the audit engagemnet partner for stark and his daughter Zoe wants to join audit team.
In answer it says- Mr days daughter,Zoe, is unusual but should not raise any significant risks to the audit.
Why?
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Familirity threat
7y ago#1Presumably she would be an audit trainee/junior - so not responsible for the audit strategy/audit plan or any significant audit judgments, and her work would be directed, supervised and reviewed by someone more senior. So minimal, if any, real risk.
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