Question

Andrea, a CPA and professional staff member who has decided to leave Credit & Balance, CPAs for a position in industry, wishes to submit to possible future employers a list of names of private and publicly held companies on whose engagements she has worked during the eight years she has been with Credit & Balance, CPAs. What does the Code of Professional Conduct require Andrea to do before she may show such a list to a future employer? • The Code of Professional Conduct has no requirements in this area since it has no jurisdiction once you leave the field of public accounting. Andrea is free to disclose anything she desires to ob-tain a job outside of public accounting. • Andrea must get each client's permission to be on such a list. • The only requirement is that Andrea makes sure that revealing the name of a client engagement she has worked on does not entail the release of confidential client information. • Andrea need not get permission from the publicly held companies since it is public knowledge who their auditors are. She must get permission from the privately held companies since the factthat they engage CPAs is not public information.

Answer 1

Andrea must secure permission from all clients before listing them as part of her professional experience to future employers, with respect to the Code of Professional Conduct's confidentiality requirement.

Step-by-step explanation:

According to the Code of Professional Conduct, Andrea must maintain the confidentiality of information acquired during her service as a CPA. This confidentiality rule extends beyond her period of employment at Credit & Balance, CPAs. Therefore, Andrea needs to ensure that any disclosure of her professional engagements, including a list of companies she has worked with, does not result in the release of confidential client information. This means that she must secure permission from all clients before including them on any such list she provides to future employers, regardless of whether the clients are privately or publicly held companies.