Explain the Potential Threats to Independence Relating to Audit Fees

question 45

Essay

Explain the potential threats to independence relating to audit fees and how an auditor can safeguard against these threats.

---

Definitions:

Diabetic Ketoacidosis

A serious diabetes complication where the body produces excess blood acids (ketones) due to a lack of insulin.

Intensive Care Unit

A specialised department in a hospital providing critical care and complex medical treatment to patients with severe or life-threatening illnesses or injuries.

Long-Term Care Facility

A variety of services which help meet both the medical and non-medical needs of people with a chronic illness or disability who cannot care for themselves for long periods.

Discharge Planning

The process in healthcare that ensures a patient is provided with a coordinated plan for continuing care following their departure from a hospital or clinic.