Which statement is correct with respect to a CPA's ethical obligation to return client books and records and CPA work papers:
A) Client-provided records in the custody or control of the CPA should be returned to the client at the client's request.
B) CPA work papers should be given to the client at the end of each audit.
C) CPA work product never has to be turned over to the client.
D) All of these

Question

Quizplus · Accepted Answer

CPA's ethical obligation is to return client-provided records in the custody or control of the CPA to the client at the client's request. The CPA work papers are the property of the CPA and do not have to be given to the client unless required by law or regulation. However, the CPA should retain the work papers for a period of time sufficient to satisfy professional standards and applicable statutes of limitations.

Which Statement Is Correct with Respect to a CPA's Ethical