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One of the partners from MBR Accountants (MBR) recently resigned and joined QM Limited, one of MBRs audit clients as the Chief Financial Officer. MBR

One of the partners from MBR Accountants (MBR) recently resigned and joined QM Limited, one of MBRs audit clients as the Chief Financial Officer. MBR continues to perform the financial statement audit for QM Limited. Which of the following threats to MBRs independence, if any, would this situation constitute under APES 110?

Select one:

A.

Advocacy threat

B.

Self-interest threat

C.

Familiarity threat

D.

Not a threat to independence

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