True or False: According to the IFAC Code of Ethics, an accountant must never disclose confidential client information, even if ordered to do so by a court of law.

The principle of Confidentiality has exceptions. An accountant may disclose confidential information if authorized by the client, required by law (e.g., court order, anti-money laundering laws), or if there is a professional duty/right to disclose (e.g., to protect professional interests in legal proceedings).