Which of the following would not be considered confidential information obtained in the course of an engagement

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Which of the following would not be considered confidential information obtained in the course of an engagement for which the client’s consent would be needed for disclosure?
a. Information about whether a consulting client has paid the CPA’s fees on time.
b. The actuarial assumptions used by a tax client in calculating pension expense.
c. Management’s strategic plan for next year’s labor negotiations.
d. Information about material contingent liabilities relevant for audited financial statements

Contingent liabilities
A contingent liability is an obligation of business related to an uncertain future event. The business must record it in its financial statements if the amount can be reliably estimated and it is probable that amount will be paid by business as a...
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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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