TPB: further light on breach reports

by

Ed.

From www.accountantsdaily.com.au: The Tax Practitioners Board has clarified that practitioners are not required to report breaches based solely on hearsay or unsupported opinions.

There must be reasonable grounds to believe a significant breach has occurred. Examples are provided illustrating that claims based on gossip or unverified discussions do not fulfill the reporting obligation.

Filed under: Professional Practice

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