Sec. 4. (a) As used in this chapter, "work papers" means the records kept by the independent auditor of the procedures followed, the tests performed, the information obtained, and the conclusions reached by the independent auditor's audit of the financial statements of a domestic insurer.
(b) The term includes any audit planning documentation, work programs, analyses, memoranda, letters of confirmation and representation, abstracts of company documents, and schedules or commentaries that:
(1) are prepared or obtained by the independent auditor in the course of any audit of the financial statements of a domestic insurer; and
(2) support the independent auditor's opinion on the domestic insurer's financial statements.
As added by P.L.244-1989, SEC.2. Amended by P.L.251-1995, SEC.4.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 3.5. Annual Audited Financial Reports
27-1-3.5-0.5. "Audit Committee"
27-1-3.5-2. "Domestic Insurer"
27-1-3.5-2.6. "Group of Insurers"
27-1-3.5-3. "Independent Auditor"
27-1-3.5-3.1. "Insurance Holding Company System"
27-1-3.5-3.2. "Internal Audit Function"
27-1-3.5-3.3. "Internal Control Over Financial Reporting"
27-1-3.5-3.6. "Section 404 Report"
27-1-3.5-3.7. "Sox Compliant Entity"
27-1-3.5-5. Application of Chapter; Exemptions
27-1-3.5-6. Annual Audit; Filing; Time; Extension
27-1-3.5-6.5. Filing Annual Audited Financial Reports by Domestic Insurer
27-1-3.5-7. Contents of Report
27-1-3.5-8. Independent Auditor
27-1-3.5-9. Qualifications of Independent Auditor
27-1-3.5-10. Consolidated Returns
27-1-3.5-11. Report From Independent Auditor of Financial Condition Irregularities; Subsequent Facts
27-1-3.5-12. Report of Unremediated Material Weaknesses in Internal Control Over Financial Reporting
27-1-3.5-12.1. Audit Committee; Members; Duties; Waiver
27-1-3.5-12.3. Internal Audit Function
27-1-3.5-12.5. Management's Report of Internal Control Over Financial Reporting
27-1-3.5-13. Independent Audit Work Papers and Communications; Review by Department Examiners
27-1-3.5-14. Exemption Application; Hearing
27-1-3.5-16. Penalty for Noncompliance
27-1-3.5-17. Effect of Chapter on Examinations Under Ic 27-1-3.1