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Topic: Business
Number of pages / Number of words: 10 / 2564
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Even though the AWC have no office in their area, they still choose this auditing firm as their external auditor. In addition, Angela contact with them frequently during the auditor’s appointment. What’s more, Both CFO and CEO are enjoying with the relationship between BTI and AWC. Therefore, the familiarity threats may be presented in this case...


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Therefore, the familiarity threats may be presented in this case.

b) The safeguards should be considered, when the potential threats are identified. According to AUST S 290.28 of the code, the company should apply appropriate safeguards to reduce threats to independence in a satisfied level.

As stated in section 200...


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