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Question:
In this case, Miguel has not violated the standards. For a gift from a client in appreciation of past service or performance, informing his supervisor verbally is sufficient. Standard 1 Independence and Objectivity requires disclosure prior to accepting the gift “when possible,” but in cases such as this when there is short notice, notification afterward is permitted.
Comments
Aset
1 year ago
There is no information that CFA client give a giftin appreciation of past service or performance. So we dont know whether if was past or future performance, so in question no information about past performance it leads that it is talking about current of future, but in this case we should infrom our employer and get his premission. Explain please. I dont undestand why you select "not violated the Standards"