What are the threats to Independence (CEFF)?

1. Financial relationships—Example: An attest partner should not own stock in an audit client 2. Employment relationships—Example: Attest partners should not be on an audit client's board of directors 3. Family relationships—Example: An attest partner should not audit a client whose chief executive officer is the partner's spouse 4. Consulting relationships—Example: An attest firm should not provide internal audit services to an attest client