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Duty of care

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Duty of care

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • January 14, 2024 at 12:05 am #697990
    samiaasif942
    Participant
    • Topics: 31
    • Replies: 4
    • ☆

    Which of the following regarding the duty of care owed by accountants when making statements is

    correct?

    It is owed to any recipient of the statement

    It is owed only to those with whom the accountant has a direct business arrangement

    Its extent depends upon the purpose for which the statement was made

    Hello teacher is statment 3 or 1 correct?

    January 14, 2024 at 9:07 am #697996
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Or is it maybe statement 2? FYI, my money is on Statement 3 ‘the extent depends on …’ but I’d like to know what your thoughts are, and why. And also why you apparently disagree with the printed answer.

    Hear from you soon?

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