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Safeguard against threats

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Safeguard against threats

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Kim Smith.
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  • November 19, 2018 at 5:50 pm #485254
    anazoric
    Participant
    • Topics: 36
    • Replies: 59
    • ☆☆

    Hello,

    1. Having member(s) work reviewed by *professional accountant*.
    2. Having member(s) work reviewed by *independent partner*.

    Do these mean the same thing? If no, can you clarify with an example.

    Thank you.

    November 19, 2018 at 6:21 pm #485257
    Kim Smith
    Keymaster
    • Topics: 137
    • Replies: 8389
    • ☆☆☆☆☆

    A “professional accountant” could be from another audit firm. “Independent partner” should mean another partner in the audit firm who isn’t the audit/engagement partner.

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