Indentify and explain the ethical threats

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You have recently won a major new client Palm Corp, this will represent 20% of the recurring practice income for the firm. Your firm were able to win the client without it going out to tender as one of the Directors of Palm corp is married to a Partner at the firm. Sebastian were very impressed with one of the audit managers they met and have asked if that manager could come and work temporarily in their accounts department as they've had some members of the team leave recently who haven't yet been replaced

Required: Indentify and explain the ethical threats outlined in the scenario above and outline any safeguards that would be appropriate in the circumstances

Reference no: EM132959476

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