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ACCA Applied Knowledge · Business and Technology · The role of regulatory and professional bodies in promoting ethical and professional standards in the accountancy profession

Which of the following is a situation in which a professional accountant may disclose confidential client information without breaching the principle of confidentiality?

Disclosure is permitted when it is required by law, as in a legal duty to report. Other permitted cases include proper client authorisation or a professional right or duty to disclose. Informal requests from friends or the desire to win new clients never justify breaching confidentiality.

  1. AWhen a friend asks for it informally
  2. BWhen disclosure is required by lawCorrect
  3. CWhen disclosure would help the accountant win new clients

Explanation

Confidential information may be disclosed where there is a legal duty or the client has given proper authority, and in certain circumstances where there is a professional right or duty to disclose. A friend's curiosity or business development are not valid reasons.

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