• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Threats to professional ethics

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Threats to professional ethics

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by michaelsamiotis.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • May 1, 2018 at 8:34 pm #449724
    michaelsamiotis
    Participant
    • Topics: 47
    • Replies: 27
    • ☆☆

    Hello sir, I would like to ask why you have the close family and personal relationships at self-interest threat and not at the familiarity threat.

    And one more question, please. Where do we refer when we say lead partner and other partners like in the familiarity threats. Who is the lead partner and who are the others?

    Thank you very much in advance.

    May 1, 2018 at 10:49 pm #449728
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    Friendships and relationships can potentially cause:

    Self interest threats (you want go stay on good terms)
    Familiarity (you tend to trust friends)
    Intimidation (the relationship might be bullying in nature).

    The lead partner is the partner in charge of the audit and who is responsible for the audit opinion. For large audits there could be additional partners to help out.

    May 2, 2018 at 10:16 am #449778
    michaelsamiotis
    Participant
    • Topics: 47
    • Replies: 27
    • ☆☆

    This is a fantastic answer. Thank you very much sir.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • adebusola on MA Chapter 1 Questions Accounting for Management
  • Sharith on Interest rate risk management (1) Part 5 – ACCA (AFM) lectures
  • Sharith on Interest rate risk management (1) Part 5 – ACCA (AFM) lectures
  • John Moffat on Discounted Cash Flow Further Aspects, Replacement – ACCA Financial Management (FM)
  • o1lim on Discounted Cash Flow Further Aspects, Replacement – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in