Which ethical standard is violated when an accountant uses information from a financial statement he is preparing to advise a relative of a stock purchase?
A)Competence
B)Confidentiality
C)Integrity
D)Credibility

Question

Quizplus · Accepted Answer

Using confidential information for personal gain or to benefit others is a violation of the ethical standard of confidentiality. This accountant is breaching the trust placed in him by the client and is acting unethically.

Which Ethical Standard Is Violated When an Accountant Uses Information