In what situation does a member NOT have to disclose the source of information used in reports?

In this context, the ethical standard emphasizes transparency and accountability. The guideline suggests that a member is required to disclose the source of information used in reports to maintain integrity and ensure that all stakeholders can assess the reliability and credibility of the information presented.

In situations where common market data is reported, or when the source is well-known, or statistical averages are used, there may be a presumption of common knowledge, but even still, disclosing sources is crucial. Transparency about sources reinforces trust in the reporting process and allows others to verify the information if needed. Therefore, stating that members must never neglect to disclose sources aligns with these principles of ethical reporting and is fundamental in upholding professional integrity.