§466-12 Ownership of accountant's working papers. All statements, records, schedules, working papers, and memoranda made by the licensee, partner, shareholder, officer, director, or employee incidental to, or in the course of rendering services to a client in the practice of public accountancy, except reports submitted by the licensee to the client and except for records that are part of the client's records, shall be and remain the property of the licensee in the absence of an express agreement between the licensee and the client to the contrary. No statement, record, schedule, working paper, or memorandum shall be sold, transferred, or bequeathed, without the consent of the client or the client's personal representative or assignee, to anyone other than one or more surviving partners or stockholders or new partners or stockholders of the licensee, or any combined or merged firm or successor in interest to the licensee or operation of law. [L 1973, c 158, pt of §2; gen ch 1985; am L 1989, c 110, §13]
Structure Hawaii Revised Statutes
Title 25. Professions and Occupations
466-4 Board of public accountancy.
466-5 License of certified public accountant.
466-5.5 Educational requirements for licensure effective December 31, 2000.
466-6 License of public accountant.
466-11 Injunctions against prohibited acts.
466-11.5 Single act evidence of practice.
466-12 Ownership of accountant's working papers.
466-17 Construction; severability.
466-32 Establishment of peer review process; confidentiality.
466-33 Standards for peer reviews and sponsoring organizations.
466-34 Enrollment and participation.
466-35 Peer review compliance reporting form.
466-36 Hawaii supplement to the peer review report.
466-37 Retention of documents.
466-38 Reporting to the board.
466-40 Procedures for sponsoring organization.
466-41 Oversight of sponsoring organizations
466-42 Peer review oversight committee.
466-43 Oversight of peer reviewers for a Hawaii supplemental peer review.