Question
Clients in the same industry and registered agent with personal interest Situation Serena is a registered tax agent and has a number of long time
Clients in the same industry and registered agent with personal interest
Situation
Serena is a registered tax agent and has a number of long time clients, one of which is Cold Ice, a large ice-cream retailing franchise. Serena has a 30% ownership interest in Cold Ice.
Serena approached by Ice Cool, a rival ice-cream retailing franchise to provide tax agent services including tax planning work.
- Identify the conflict of interest.
- How can you manage conflicts of interest?
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
