9. During the course of preparing budgeting projections
in a consulting engagement, you learned that your client might be
engaged in illegal price-fixing with its distributors and
franchisees. The client is a closely held family-run corporation,
and you are not the client’s auditor. Do you have a duty to
disclose this activity to government authorities?
20. Should there be an accountant–client privilege in
every state? Discuss the pros and cons.





