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Aziza is the auditor of ZBN Audit Firm is assigned to be the external auditor of KYT Company in 2020. KYT is a new established
Aziza is the auditor of ZBN Audit Firm is assigned to be the external auditor of KYT Company in 2020. KYT is a new established company that started operations in January of 2020. The company is into the production of eco bags and other environment friendly materials with production plant based in Sur .KYT Companys financial statements are not yet completed and the top management requested Aziza to complete and prepare the financial statements prior to starting her audit. Which threat to fundamental principles is at risk to exist in this case?
a.
Self -Review Threat
b.
Familiarity Threat
c.
None of these
d.
Self Interest Threat
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