- This topic has 1 reply, 2 voices, and was last updated 7 months ago by
Kim Smith.
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
New! Lectures for ACCA AAA September 2022 Exams are now available >>
New! BPP Books for ACCA September 2022 Exams are now available, get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › long association of a senior personnel
ma’am how does long association of a senior personnel lead to self interest threat for audit firm?
apologies in advance, if I am asking this question for the second time. But I couldn’t find the answer to this question through search function hence asking…
If senior personnel is audit partner there would be the obvious potential loss of audit fee income.
If other senior personnel it could be fear of losing a long-standing client – “what will it do to my promotion prospects” – “could I be made redundant?” – “how will it look on my CV?”