ExpertACCA · Question 52 · Syllabus F: Professional ethics
Scenario: AuditPro staff must not allow bias to override professional judgment. They are currently auditing financial statements they prepared themselves. One auditor was offered a highly lucrative job by the client. The firm strictly enforces respecting the secrecy of client information.
Identify the correct classifications for the following four tasks:
Task 1: IFAC Principle regarding bias
Task 2: Threat created by auditing own work
Task 3: Threat created by the job offer
Task 4: IFAC Principle regarding secrecy
Which of the following combinations is correct?
Scenario: AuditPro staff must not allow bias to override professional judgment. They are currently auditing financial statements they prepared themselves. One auditor was offered a highly lucrative job by the client. The firm strictly enforces respecting the secrecy of client information.
Identify the correct classifications for the following four tasks:
Task 1: IFAC Principle regarding bias
Task 2: Threat created by auditing own work
Task 3: Threat created by the job offer
Task 4: IFAC Principle regarding secrecy
Which of the following combinations is correct?
Answer options:
1-Objectivity, 2-Self-review, 3-Self-interest, 4-Confidentiality
1-Integrity, 2-Advocacy, 3-Familiarity, 4-Professional Behaviour
1-Objectivity, 2-Self-interest, 3-Intimidation, 4-Confidentiality
1-Professional Competence, 2-Self-review, 3-Advocacy, 4-Integrity
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