Chapter
when a company is selling their accounting practice, what do potential buyers need to sign?
NDA
Where did the PwC scandal take place?
Sydney, Australia
When does the duty of confidentiality begin?
At the initial discussion with a prospective client
Which CEO left PwC before the scandal went public?Peter Collins, Luke Sayers, or Tom Seymour
Luke Sayers
how does Accountant–Client Privilege differ from Duty of Confidentiality?
Account-client privilege includes only the content of communications between an accountant and client and the Court cannot compel disclosures
What ramifications were placed on PwC that were due to the confidentiality breach?
Training on managing conflicts
Or compliance reports