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10 Feb 1212 On ethical letters

MEMBER 18 writes:

"Is the ethical letter still compulsory amongst accountants or is it a thing of the past?

This is the third time in the last three months that we have got caught doing work for clients who, in the meantime, take their affairs elsewhere without advising us and we only find out when we contact them to come in and sign; consequently a waste of our time and resources."

THE TAX INSTITUTE'S TAX COUNSEL STEPHANIE CAREDES COMMENTS: "The Tax Institute will raise Member 17's first comment and Member 18's comment at the next Tax Practitioners Board Consultative Forum scheduled on 13 March 2012."

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