Having trouble answering this question - "when do you think an auditor might have to say 'no'?

#1

The interview question - "when do you think an auditor might have to say ‘no’? is really baffling me… I’m not at all sure what it’s getting at. Could anyone point me in the right direction?

#2

Maybe you could say when the objectivity of the auditor has been compromised - for example if they are not fully independent of the client therefore they have no choice but to reject. This can occur if they have a shares in the client or one of their immediate family members have a high position in the client firm. However, if a situation like this occurs it is best to see if safeguards can be implemented first. Hope this helps!

#3

why not research the reasons why an auditor would say no? theres loads of stuff, like conflicts of interest, self-review threats, too much risk bl…