Confidentiality and Professional Behavior
Protecting Client Information
Auditors frequently obtain confidential business information during engagements. Ethical standards require CPAs to protect this information unless disclosure is authorized by the client or required by law or professional standards.
Tip
Confidentiality does not prevent disclosures required by subpoenas, regulatory investigations, or peer reviews.
Summary
Protecting confidential information while complying with legal obligations is a key ethical responsibility.