Question

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 the client's future business plans
b. Trade secrets of the client
c. Information required to be disclosed in the client's financial statements
d. Internal company communications about pending litigation

Answer 1

Information required to be disclosed in the client's financial statements does not require client consent for disclosure, as it is designed for public dissemination.

Step-by-step explanation:

The item that would not be considered confidential information obtained in the course of an engagement for which the client's consent would be needed for disclosure is c. Information required to be disclosed in the client's financial statements. This information is already meant for public disclosure and is part of standard financial reporting practices. Items such as the client's future business plans, trade secrets, and internal company communications about pending litigation are all considered sensitive and would typically require client consent before they can be disclosed.