CA Piyush is offered appointment as statutory auditor of branch of a bank. He has also taken housing loan of 75 lakhs from the same bank. Identify…
CA Intermediate · Auditing and Ethics · RTP · May 2024
CA Piyush is offered appointment as statutory auditor of branch of a bank. He has also taken housing loan of 75 lakhs from the same bank. Identify threat to independence involved.
Suggested Answer and Working Notes:
Correct Answer: Option (B)
Self-interest threat
Topics: Audit Strategy, Audit Planning and Audit Programme
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