Examples of circumstances that may create
familiarity threat least likely include
a. A former partner of the firm being a
director, officer of the assurance client or
an employee in a position to exert direct
and significant influence over the subject
matter of the assurance engagement.
b. Dealing in, or being a promoter of,
share or other securities in an
assurance client.
c. A member of the assurance team having
an immediate family member or close
family member who is a director or
officer of the assurance client.
d. A member of the assurance team having
an immediate family member or close
family member who, as an employee of
the assurance client, is in a position to
exert direct and significant influence over
the subject matter of the assurance
engagement
familiarity threat least likely include
a. A former partner of the firm being a
director, officer of the assurance client or
an employee in a position to exert direct
and significant influence over the subject
matter of the assurance engagement.
b. Dealing in, or being a promoter of,
share or other securities in an
assurance client.
c. A member of the assurance team having
an immediate family member or close
family member who is a director or
officer of the assurance client.
d. A member of the assurance team having
an immediate family member or close
family member who, as an employee of
the assurance client, is in a position to
exert direct and significant influence over
the subject matter of the assurance
engagement