QS Study

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.