CA Rao is conducting an audit for ABC Ltd., a large client. He is informed by the client's CFO that if they report certain deficiencies, the…
CA Intermediate · Auditing and Ethics · RTP · January 2025
CA Rao is conducting an audit for ABC Ltd., a large client. He is informed by the client's CFO that if they report certain deficiencies, the auditor's firm may not be considered for future engagements. Which type of threat does this scenario represent?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
Intimidation Threat
Topics: Ethics and Terms of Audit Engagements
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