Ala. Admin. Code r. 30-X-7-.07

Current through Register Vol. 43, No. 1, October 31, 2024

Section 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

Ala. Admin. Code r. 30-X-7-.07

Filed September 3, 1982. Amended: Filed May 18, 2004; June 22, 2004.

Statutory Authority:Code of Ala. 1975, §§ 34-1-1, et seq.