Update of the circumstances of risk of threat of personal interest of accountants and auditors

This article discusses one of the threats to the professional behavior of the accountant and the auditor - the threat of self-interest. The threat of self- interest in the business of the client may arise if there are financial or other interests of a professional accountant or auditor, his close relatives or members of their families. The article examines the external and internal reasons for self-interests, measures to eliminate the threat of self-interest, as well as effective ways to prevent unprofessional behavior among accountants.