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  3. you identify a conflict of interest while performi

You identify a conflict of interest while performing tax services but determine that safeguards can...

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Accounting

You identify a conflict of interest while performing tax services but determine that safeguards can reduce the threats to your compliance with the AICPA code to an acceptable level. What does the Conflicts of Interest interpretation require you to do next?

1-Disclose the conflict of interest in the tax return.

2-Recuse yourself from the engagement.

3-Disclose the matter to the appropriate parties.

4-Terminate the engagement immediately. Confirm

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