A CPA would violate the Due Care Principle if he/she:
A) Undertook a professional engagement without having the requisite background, knowledge and experience
B) Discloses confidential information about a client
C) Violates the Public Interest Principle
D) Performs tax services for an audit client without audit committee approval

Question

Quizplus · Accepted Answer

Undertaking a professional engagement without having the requisite background, knowledge, and experience violates the requirement of due care. A CPA has a responsibility to perform any service with competence and diligence, and if they are not properly equipped, it may result in inadequate services, which can harm the client's interest. Disclosing confidential information, violating public interest, and performing tax services without approval are also violations of ethical principles but do not directly relate to the Due Care Principle.

A CPA Would Violate the Due Care Principle If He/she