Ala. Admin. Code r. 30-X-7-.07 - Ownership Of Client's Records
(1) When considering complaints filed against
licensees for violations of Section 20 of the Act a distinction shall be made
in those cases where Certified Public Accountants or Public Accountants are
engaged to and do record and keep the regular books of account for a client.
Such actual books, whether recorded in formal records or on working papers,
shall not be considered to be records or working papers made incident to or in
the course of professional service to clients, and, therefore, are considered
to be the property of the client.
(2) A licensee shall furnish to a client or
former client, upon request and reasonable notice:
(a) A copy of the licensee's working papers,
to the extent that such working papers include records that would ordinarily
constitute part of the client's records and are not otherwise available to the
client.
(b) Any accounting or other
records belong to, or obtained from or on behalf of, the client that the
licensee removed from the client's premises or received for the client's
account; the licensee may make and retain copies of such documents of the
client when they form the basis for work done by the licensee.
Author: Alabama Board of Public Accountancy
Notes
Statutory Authority: Code of Ala. 1975, ยงยง 34-1-1, et seq.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.