Professional Ethics : question

lifeisstrange Registered Posts: 27 Epic contributor 🐘
Hi everybody,

could you help me to find the correct answer to question below:

"Pierre has audited the accounts of Brown Plc as part of the assurance team for the past four years. He has been approached by Brown Plc with an offer of the Senior Accountant role"

Does this situation present a self interest threat or a self review threat?


  • Mollypod88
    Mollypod88 Registered Posts: 155 Beyond epic contributor 🧙‍♂️
    Hi I think it's a self interest threat
  • di 77
    di 77 Registered Posts: 6 New contributor 🐸
    I think it is self review as he will be reviewing his own work he has completed as part of the assurance team
  • zaf1987
    zaf1987 Registered Posts: 124 Beyond epic contributor 🧙‍♂️
    I would say self-review, but again you could argue a case for both (reason i hated this module).
  • sdv
    sdv Registered Posts: 585 Epic contributor 🐘
    It Can't be a self review threat, because he is not reviewing his own work.

    It has to be self interest threat because he has been offerd a good job. If his audit report was adverse then he may not get a job, but if his audit report was favourable then there is a dangling carrot to be had.
  • wbauk2002
    wbauk2002 Registered Posts: 110 Beyond epic contributor 🧙‍♂️
    Self interest would be working on something where he would gain from the outcome

    Self reveiw would be reveiwing his own work

    So i would say self reveiw, Shouldnt you always maintain independance from assurance clients? Could this be something to do with it?
  • lifeisstrange
    lifeisstrange Registered Posts: 27 Epic contributor 🐘
    Hi everyone,

    Thank you so much for your replies. I passed this exam today.
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