Which of the following represents a situation in which the auditors may disclose client information to outside parties?
A)Bringing working papers to a professional CPA workshop as an example of quality work.
B)Complying with a validly issued and enforceable subpoena or summons.
C)Showing the client's bank statement to a neighbor who is a shareholder to emphasize its cash position.
D)Explaining to the local television news station why the client is likely to miss payroll in the forthcoming periods.

Question

Quizplus · Accepted Answer

The auditors may disclose client information to outside parties if they are complying with a validly issued and enforceable subpoena or summons. The other options represent situations where client information should not be disclosed to outside parties without proper authorization.

Which of the Following Represents a Situation in Which the Auditors