Confidential Client Information
Confidential client information is any information obtained from the client that is not available to the public.
The auditor should not disclose to other same business information-
(a) Material cost: The auditor should not disclose the information of the clients the cost of material.
(b) Profit information: The auditor should not disclose to other business how much profit earns by the business.
(c) The weakness of management: The auditor should not disclose the clients’ weakness of management.
(d) The material used: The auditor should not disclose the information what kinds of materials are used for production.
(e) The secret reserve: The auditor should not disclose the information the client’s secret reserve.
(f) The operating cost of the operation: The auditor should hide the operational cost of the product.
(g) The advertising amount: The auditor should not disclose to other business the actual advertising expenses.
(h) The channel of distribution: The auditor should not disclose the clients marketing of channel of distribution.
(i) The actual revenue of the clients: The auditor should not disclose the actual revenue of the clients.
