Robert Cox quoted in Bloomberg Tax: Trump’s Records Likely Shielded Under Accounting Ethics
Briglia Hundley®’s Bob Cox quoted in Bloomberg Tax article regarding the House Oversight Committee’s request for the Trump Organization’s financial records from its accounting firm Mazars USA LLP. Mr. Cox opines that short of a subpoena, the firm is unlikely to comply with a letter request from the committee. Under state statutes and regulations, accountants have a duty to maintain the confidentiality of client confidential information. Mr. Cox states that there are certain exceptions under the AICPA’s ethics rules where an accountant can turn over records in response to a subpoena or documents that are already publicly available.
Read More: Bloomberg Tax Article – Trump’s Records Likely Shielded Under Accounting Ethics (PDF)