An auditor's view of conflicted adviceBY BEN MOFFATT | FRIDAY, 2 AUG 2019 11:36AM "But why should conflicts of interest be a problem? People should simply be able to declare their conflicts of interest and make their decisions in accord with their professional ... Upgrade your subscription to access this article
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Every commercial transaction has a potential conflict of interest. In every commercial transaction there is a mix of loss and gain to both parties. All advice which is bought (not free) carries a gain and a loss to both parties. Only where altruism is the only motive can there not be a potential conflict of interest. If the professional adviser has no personal or financial goals then there is no potential conflict. To ignore this basic fact is a political pretence.