From the following list:

a self-interest b self-review c advocacy d familiarity e intimidation State what type of threat each of the following situations provides.

1 You have been partner on CKT Ltd for over 20 years. The client has a reputation for producing very highquality accounts.

2 You completed the audit below budget this year as you had the benefit of a new streamlined information system developed by your firm.

3 You are excited because tomorrow you will go on a month’s holiday. You find an unusual transaction but when you mention it to your supervisor, he reminds you to consider the need to follow up, and that if you do so you will need to complete this before you go on holidays.

4 You inherit $20 000 of shares in a client that you audit.

5 An audit client informs you that the CFO is retiring next year, and asks you to take the job after completion of this year’s audit.