The American Institute of CPAs (AICPA) defines it well: “A fiduciary has a legal duty to act in the best interests of the beneficiary.” It further explains that accountants are not normally considered fiduciaries, but the AICPA Professional Code of Conduct highlights the attributes of objectivity, integrity, free of conflicts of interest, and truthfulness.
The Accountant as Fiduciary in an Ideal World
According to the AICPA, the courts have found an accountant can be a fiduciary to his or her client in areas like tax services and asset management.
We will treat your business as we would treat our own. This includes spending time with you and learning your business.