Categories of Threats in Accounting

Arises when an

accountant has a financial

or other interest that could

inappropriately influence

their judgment or behavior.

(a)  

Occurs when an

accountant has to re-evaluate

a judgment or data that they

previously made or prepared,

which could lead to a lack of

objectivity.

(a)  

Happens when an

accountant promotes a client’s

or employer’s position to the

point that their objectivity is

compromised.

(a)  

Arises when an accountant

becomes too sympathetic or close to the

interests of others, usually due to a long

or close relationship.

(a)  

Occurs when an

accountant may be deterred from

acting objectively due to actual or

perceived pressures, including

threats.

(a)