The diagram shows four principles of professional ethics for accountants. Which principle requires an accountant to keep client information private and not ...

Assessment: Accounting 0452 | Paper 1 Mock 01 | Multiple Choice Subject: Accounting - 0452

Question 1 Report

The diagram shows four principles of professional ethics for accountants.

diagram

Which principle requires an accountant to keep client information private and not disclose it without proper authority?

Answer Details

The correct answer is Confidentiality.

Confidentiality is the ethical principle that requires an accountant to keep client or employer information private and not disclose it to unauthorised parties. Information obtained through professional work should only be shared with proper authority or legal obligation.

Integrity means being honest and straightforward in all professional dealings. Objectivity means not allowing bias or conflicts of interest to influence professional judgement. Professional competence means maintaining adequate knowledge and skill to provide competent service.

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