The Principle of Confidentiality and illegal acts in the Accountancy Profession

Abstract

Accountants should uphold the principle of confidentiality in the conduct of their duties as part of the code of ethics as there are possibilities of them having access to their client’s sensitive information. On the other hand the regulatory framework in the accountancy profession does emphasis that on certain instances accountants can disregard the principle confidentiality and this the essence of this paper. Therefore the title of this document is “The Principle of Confidentiality and illegal acts in the Accountancy Professional”.

The details in this article are entirely collected through secondary research due to the specialized nature of the paper. Information is specifically obtained from scholarly articles in finance and management, various text books in finance and management and journals from professional bodies.