Which of the following is correct with respect to an accountant's working papers?

Question

Quizplus · Accepted Answer

An accountant may not surrender her working papers unless the client consents or a court orders the disclosure. While the client may own the physical papers, the accountant generally owns the intellectual property contained in the papers, such as methodology, analysis, and other proprietary information. Therefore, the accountant is responsible for protecting the confidentiality of the working papers, and may not disclose them without legal authority or client permission.

Which of the Following Is Correct with Respect to an Accountant's