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Scenario 4 - Representing two clients involved in a merger transaction Situation: Advanced Accounting, a large accounting firm and registered tax agent, is engaged by

Scenario 4 - Representing two clients involved in a merger transaction

Situation:

Advanced Accounting, a large accounting firm and registered tax agent, is engaged by Patton Pty Ltd and Jennings Pty Ltd, two publicly listed companies, to provide confidential tax advice in relation to a potential merger transaction with one another.

  1. Identify the conflict of interest.

  1. How can you manage conflicts of interest?

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