Caso ético en ingles

 

CASE STUDY 3

 

CONFLICTING CLIENTS’ INTERESTS

 

You are a sole practitioner who used to provide a range of accountancy services for a small company (Company A) that owns a hardware shop in the town where you practise.

 

Following a brief retendering process, the client chose to engage an alternative firm of accountants. Both you and the other firm had been asked to tender for a range of services, including the preparation of year end accounts, tax compliance work, and a due diligence exercise in respect of the intended purchase of a small hardware business in the neighboring town.

 

You believe that you were unsuccessful in the tendering process on the

basis of cost alone, as Company A is not very profitable, and suffers from the competition of the other hardware business that it intends to acquire.

 

You are the continuity provider for another local sole practitioner. Two months ago, he suffered a heart attack, and so you are currently acting for a number of his clients. He is not expected to resume practicing for another two months.

One of the clients of the incapacitated practitioner (Company B) operates a shop selling electrical goods. The director and majority shareholder have called you to arrange a meeting to discuss a business venture that he is considering.

At the meeting, the client explains that he intends to make an offer for the same small hardware business that Company A is seeking to acquire. He is aware that there is another bidder for the business, but is unaware that it is Company A, or that Company A used to be your client.

 

When the meeting is over, you start to feel uneasy. You want to help Company B and provide a valued service on behalf of the practitioner for whom you are the continuity provider. But you realize that you are also in possession of confidential information concerning the plans of your previous client. You are aware of Company A’s problems and its motivation for wishing to acquire the business.

Taken from: Consultative Committee of Accountancy Bodies. (2011). Ethical Dilemmas Case Studies: Professional Accountants in Public Practice. https://www.icaew.com/-/media/corporate/files/technical/ethics/ethical-case-studies/ccabeg-case-studies-accountants-public-practice.ashx?la=en

 

1. You are a sole practitioner who used to provide a range of accountancy services for a small company.

TRUE

2. At the meeting, the client explains that he intends to make an offer for the same small hardware business that Company A is seeking to acquire.

 

TRUE

 

3. He is aware that there is another bidder for the business, but is unaware that it is Company A, or that Company A used to be your client.

 

TRUE

 

GLOSSARY

Engage: Formalizar un servicio a través de un contrato.

Accountants: Persona que obtuvo el título de contador Público emitido por una universidad reconocida.

Compliance: Cumplimiento de un deber u obligación.

Purchase: Intercambio de un bien o servicio a cambio de dinero.

Neighbouring: Persona o empresa que se encuentra cerca.

Unsuccessful: Persona o empresa (negocio) con pérdidas.

Tendering: Adjudicación de un contrato por concurso.

Profitable: Actividad o acción que genera utilidad.

Business: Actividad en la cual se realiza una operación comercial.

Provider: Empresa o persona que provee materias primas.

Shareholder: Persona o empresa que tiene acciones o participa en el capital de otra empresa.

Confidential: Que es propio de la persona u organización.