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motivated by a desire to impress a future possible employer
(objectivity is therefore affected). 

A former partner turned finance director has 
too much knowledge of the audit firm's systems
and 
procedures. 
The extent of the threat to independence depends on various factors, such as the
 role 
the individual has 
taken up at the client, the 
extent of their influence
on the audit previously, the length of time that has 
passed between the individual's connection with the audit and the new role at the client. 
Various safeguards might be considered. 

Considering 
modifying the assurance plan

Ensuring the audit is assigned to someone of 
sufficient experience
compared with the individual 
who has left 

Involving 
an 
additional professional accountant 
not involved with the engagement to review the 
work done 

Carrying out a 
quality control review
of the engagement 
In respect of audit clients, ethical guidance states that a partner should not 
accept a key management 
position
at an audit client until 
at least two years
have elapsed since the conclusion of the audit they 
were involved with. An individual who has moved from the firm to a client should 
not be entitled to any 
benefits or payments
from the firm unless these are made in accordance with predetermined 
arrangements. A firm should have procedures setting out that an individual involved in serious 
employment negotiations with an audit client should 
notify the firm
and that this person would then be 
removed from the engagement. 
BPP Tutor Toolkit Copy

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CHAPTER 19
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ETHICAL CONSIDERATIONS