Question

Sympatico accountants engages abc tax preparers to prepare routine tax returns during the busy season. under the american institute of certified public accountants code, what should sympatico do prior to sharing its clients' information with abc?

Answer 1

Sympatico ought to get the customers particular assent, in composing, to impart their information about tax to abc tax preparers. As indicated by the AICPA Code of Conduct,1.700.060, Disclosure of Client Information to Third Parties, any data that isn't accessible to the Public and incorporates customer information or parities, requires particular customer assent, regardless of whether the data is adequately de-distinguished.