Georgio Chartered Accountants (Georgio) is reviewing its independence in relation to a number of its...
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Accounting
Georgio Chartered Accountants (Georgio) is reviewing its independence in relation to a number of its audit clients as part of its quality control procedures. It has come to Georgio's attention that one of their largest audit clients, GM Limited, has not paid its fees from the previous year's audit. Which of the following threats to Georgio's independence, if any, would this situation constitute under APES 110?
Select one:
A.
Familiarity threat
B.
Self-interest threat
C.
Advocacy threat
D.
Not a threat to independence
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