Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Under what circumstance principle of confidentiality does not restrict disclosure of information held by the auditor that he gained during auditing?

user-image
Question added by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh
Date Posted: 2014/04/09
Khalid Noor
by Khalid Noor , Accounting Manager , FedEx

Auditor cannot disclose anything about the client without its permission, however if the court specifically orders to disclose something, or when the audiotr defends in a suit filed agianst him or the issue relating to money laundering or terrorism issue then the auditor is duty bound to disclose the same.