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* What are the ethical responsibilities of forensic accountants when dealing with conflicts of interest during fraud investigations?Forensic accountants must adhere to strict ethical standards
What are the ethical responsibilities of forensic accountants when dealing with conflicts of interest during fraud investigations?Forensic accountants must adhere to strict ethical standards to maintain objectivity and impartiality during fraud investigations. They should avoid situations that create conflicts of interest and ensure their independence from the parties involved. If a potential conflict arises, forensic accountants must disclose it and take appropriate actions to mitigate its impact. They must also maintain confidentiality and protect sensitive information throughout the investigation. Adhering to ethical principles ensures the credibility and integrity of the forensic accountants work. What are the potential consequences of ethical breaches in forensic accounting?
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