Part of the audit team ar ddd partners

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Part of the audit team ar DDD partners, tendering for the audit of Waterfun for the 2013 financial year. during yor review of an ASIC company extract for Waterfun, you note that DDD holds an interest in Waterfun.The interest is material to DDD. explain whether any safeguards could be put in place to reduce the threat to an acceptable level. would it make any difference to your answers if the shares were held by a tax partner in the office, rather than being held directly by DDD.

Reference no: EM13683955

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