For an opinion the practitioner knows or has reason to know will be used or referred to by a person other than the practitioner (or a person who is a member of, associated with or employed by the practitioner's firm) in promoting, marketing or recommending to one or more taxpayers a partnership or other entity, investment plan or arrangement a ...
The financial crisis of 2008 could itself be the basis of a seminar on conflicts of interest. The crisis exposed apparent conflicts of interest in many areas, particularly in the production and sale of mortgage-backed securities, and among credit rating agencies that rated these instruments.
1 If a firm has started an investment project, they are unlikely to stop in the middle because of an increase in interest rates. 2  Once started they will continue to invest whatever happens to interest rates. 3  However, over time, the higher interest rates may prevent future investment projects taking time. 4  Knowledge.