Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
In certain circumstances, confidential client information may be revealed without breaching the AICPA Code of Professional Conduct, such as in response to a duly issued and enforceable subpoena.
- With a few limited exceptions as outlined in the regulation and its interpretations, the "Confidential Client Information Rule" (ET sec. 1.700.001) states that a member may not reveal confidential customer information without the client's express consent.
- Client-provided confidentiality agreements could also contain definitions that enlarge the scope of confidentiality obligations.
- While CPAs are required to maintain the privacy of client information, this responsibility does not apply to the private data of unaffiliated third parties.
In which situations may you disclose confidential client information?
- a) at the request of another customer who need the data to complete its tax return.
- b) In response to a subpoena that was duly issued and enforced.
Learn more about Confidential Client Information Rule brainly.com/question/14862918
#SPJ4
Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.