(a) Using your knowledge of APES 110, identify and explain the potential type of threat to Chan...

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(a) Using your knowledge of APES 110, identify and explain the potential type of threat to Chan and Partners’ independence in situations (1) and (2) above.

(b) What action should Chan and Partners take to eliminate the potential threats to independence in situations (1) and (2) above? What safeguards should be instituted to reduce the risk of similar independence threats occurring in the future?

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Auditing A Practical Approach

ISBN: 9780730364573

3rd Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

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