Examlex

Solved

Which of the Following Communications Between an Accountant and Client

question 85

Essay

Which of the following communications between an accountant and client are not privileged?
a) An accountant orally communicates to his client that he should set up a foreign subsidiary to shift taxable in a lower tax jurisdiction.
b) An accountant privately submits to the client a plan for shifting taxable income to a lower tax jurisdiction.
c) During a meeting in which a client is asking for advice relating to criminal fraud, the client tells his accounta he lied to the IRS.


Definitions:

Personality Traits

Enduring characteristics that describe an individual's behavior, mindset, and emotional patterns.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or other types of harm.

Alcohol Preference

An individual's tendency to choose alcoholic beverages over non-alcoholic ones, often used in studies of addiction and behavior.

Concordance Rates

The probability that two individuals with shared genetics (typically twins) will both present a particular trait or disorder, used in studies of heritability.

Related Questions