What is auditor duty of confidentiality on suspect of money laundering ?

An agent of the client auditor is under their contract for the purpose of checking the baskets and so for a fee agreed

Him and he had the duties of the agent Almagor care of the interests of his client, he is responsible financially for the damage to his client after taking into Aalaattabarat and the circumstances surrounding the Matqtadhah recognized assets.

Thus, the auditor shall be responsible contractual liability With the popularization and conceal any of the client we can say that is a lack of care made mandatory in the presence of the phenomenon of money laundering in Acharcataltakid accounting standards on this phenomenon

Full Agree With answer given by MR. georgei assi 

 

I FULLY AGREE WITH ALL ANSWERS MENTIONED ABOVE

I fully agree with the answers been added by EXPERTS..............Thanks.

fully accept with mr georgei assi 

Under the exception to confidentiality rule 301; obligations related to technical standard; the auditor must issue an ADVERSE report if highly suspect, and disclaimer report if he is lack of knowledge of materiality misstatements! In addition, if there are any subpoena the auditor must comply with the law and in this case the information obtained by CPA firm from a client generally is not privileged.

If after concrete analysis, there remains a suspicion of money laundering, information has to be promptly submitted to the Finance Police. If the Financial Police requests it, information on a money laundering investigation must be submitted regardless of who the notifier is.

Anyone under the Money Laundering Act to provide information to the Financial Police shall not be held liable for having breached their duty of confidentiality.

Thank invitation

Professor George and downright true difference experience

agree with answers ..........................................................

A good answer by sir georgei assi. I totally agree with them.

 I agree with the answer given by georgei assi   مدير حسابات 2