Till Death Do You Part

Abstract

A question about a married couple who will soon commence amicable divorce proceedings but still want their accountant to provide tax and financial planning for both parties is answered. There is little guidance for practitioners in these circumstances. But B.3 Objectivity states members must be fair and not allow prejudice, conflict of interest, or bias to override objectivity. In case of a conflict of interest, the accountant must decide whether to avoid the conflict by declining to act for one or both parties, or to appropriately manage the conflict.