Would walters be able to reveal the names of clients

Assignment Help Accounting Basics
Reference no: EM132744313

Problem 1: Walters, a member, has been in public practice for nearly 20 years. Over the years, she has developed a number of specialties including tax dispute resolution, obtaining SBA financing, and evaluating tax sheltered investments. In an effort to expand her practice, Walters wants to promote her recently developed expertise in forensic accounting related to divorces. She had handled nearly a dozen such engagements during the past year and Walters wants to develop a marketing brochure for the specialty that includes the names of the clients she has represented. In this situation, would Walters be able to reveal the names of clients she has represented in divorce cases without obtaining the client's consent?

a) Yes. It is not necessary to obtain a client's consent to disclose their names in this situation.
b) No. Disclosure of client's names in this situation would suggest that the client is having marital difficulties which may be confidential information.
c) No. Disclosing the names of clients is a violation of confidentiality in all cases unless specific client consent is obtained.
d) None of the above are correct.

Reference no: EM132744313

Questions Cloud

What is the company carrying cost at the eoq : The company seeks to maintain a five day usage level in a safety stock. (Assume a 365-day year.) What is the company's carrying cost at the EOQ?
How much is the total ordering costs : The company pays P100 to place a detailed order, and the monthly demand for the product is 5,000 units. How much is the total ordering costs?
Human resource management strategy and analysis : Explain with examples each of the seven steps in the strategic management process. List with examples the main types of strategies.
Prepare a schedule of cost of goods manufactured for year : The company uses a predetermined overhead rate to apply overhead cost to production. Prepare a schedule of cost of goods manufactured for year
Would walters be able to reveal the names of clients : In this situation, would Walters be able to reveal the names of clients she has represented in divorce cases without obtaining the client's consent?
Which of the situations would impair the firm independence : Which of the situations would impair the firm's independence with respect to Hamilton Services for the December 31, 20X2 audit engagement?
Evaluate how to effectively execute your plan : Evaluate how to effectively execute your plan. Draft a communications plan that explains the reasons for these changes to the organization.
Which of the dates must be paid : In order to maintain their independence, the firm has told Precision Medical that fees from work performed prior to which of the following dates must be paid?
Complete the trial balance adjustments : Complete the trial balance adjustments and adjusted columns. Using the adjusted balances, make a statement of financial position

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd