The auditor is permitted to violate the confidentiality rule in providing relevant information to an inquiry by a major shareholder of the client.

Question

Quizplus · Accepted Answer

The confidentiality rule prohibits auditors from disclosing confidential information of their clients without their explicit consent, except in certain situations such as in response to a subpoena or a court order. However, an inquiry by a major shareholder of the client is not one of the exceptions, and therefore, the auditor cannot disclose confidential information without the client's consent.

The Auditor Is Permitted to Violate the Confidentiality Rule in Providing