Jane is a staff auditor on her first audit engagement to audit Foster, Inc. She has made selections for Accounts Receivable testwork, and has asked the Controller to sign the confirmation letters. The Controller was shocked at the number of confirmations, and screamed at her "There is no way I'm signing all of these! You don't need to do this much testwork! We chose you as our auditors because we needed to keep our audit fees low - so you better cut the number of confirmations in half!"

Self-Review Threat

Advocacy Threat

Adverse Interest Threat

Familiarity Threat

Undue Influence Threat

Financial Self-Interest Threat

Management Participation Threat