Question 4a
Marking Guide

Ethical and professional issues

Generally 1 mark per issue assessed:

– Non-audit service creates self-review threat
– Non-audit service creates advocacy threat
– Significance of threat to be evaluated
– Significance depends on materiality and subjectivity
– Examples of safeguards (1 mark each)
– Competence to provide service
– Resources to provide service
– Confidentiality agreements

Maximum marks 6