Professional accountants, in their fiduciary role, owe primary loyalty to:

Question

Quizplus · Accepted Answer

Professional accountants owe their primary loyalty to the general public. Their role involves ensuring the accuracy and reliability of financial information, which is crucial for maintaining trust in the financial markets and supporting economic decision-making. This responsibility surpasses their loyalty to the profession, individual clients, or adherence to government regulations alone, although those are also important considerations.

Professional Accountants, in Their Fiduciary Role, Owe Primary Loyalty To