Title: Describe confidentiality concepts and policies for accounting.
Course: Accounting (12104-I) > Section: Understanding Accounting Business Ethics

Description should include

- defining the concept of generally accepted accounting principles (GAAP)
- identifying the sensitive nature of data collected and recorded by accountants
- identifying the requirements for confidentiality
- citing examples of ways confidentiality is maintained
- citing instances when confidential information should be made public or citing legalities that would compel the release of confidential information or documents
- discussing the consequences of a failure to maintain confidentiality.