R590-238-9. Availability and Maintenance of Working Papers of the Independent Certified Public Accountant

(1) A company's independent certified public accountant shall: (a) make available for review by the commissioner, or the commissioner's appointed agent, all work papers prepared in the conduct of the audit or examination of the company; (b) retain the work audit papers for a period of not less than seven years after the period reported upon; and (c) provide photocopies of any working papers that the department considers relevant to its audit or examination. (2) The department may retain photocopies of any working papers.