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Audit independence can be achieved

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Reference no: EM131819025

Tech Grand Saver's Ltd (TGS) has not paid any of its audit fees for the last three years toACA, citing cash flow problems. This has resulted in a significant amount of overdueaudit fees for ACA. The audit partner in charge, John Wick has been reluctant to push theissue further, as TGS is a high profile client who he wishes to retain

1. Identify potential threat(s) to independence & recommend safeguards (if any) to reduce the independence threat(s) identified.

2. Provide an objective assessment of whether audit independence can be achieved

Reference no: EM131819025

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