A CPA Serves Two Clients in the Same Industry

question 5

Essay

A CPA serves two clients in the same industry. One of these clients has an email address called ? HYPERLINK "mailto:[e-mail]," ?[e-mail],? and the other client has an email address called ? HYPERLINK "mailto:[e-mail]." ?[e-mail].
By mistake, this CPA firm just emailed the tax return prepared for one of these clients to the other client.
a. Did the CPA violate professional standards by providing professional services to two clients in the same industry?

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Definitions:

Hyperlink

A text or image embedded in digital content that, when clicked, navigates to another location or document within the same or a different website.

Caption Property

A property in software development that allows the assignment of a title or label to a control element or form in a graphical user interface.

Text Box

A graphical user interface element that allows users to input text into a designated area within a document, form, or webpage.

State Field

a component in forms or databases designed to capture or display the status or condition of an item, such as an address's state in a contact form.