Sponsored by International Quality and Productivity Center Conference on 

THE CHANGING ROLE OF THE INTERNAL AUDITOR 
March 31-April 2, 2003 * Georgian Terrace Hotel * Atlanta, GA 

<See Details at the end of this email>

Seats are limited so sign up now at www.iqpc.com!
***************************************

Eric,

I think State law governs what is considered
confidential. As a general rule my understanding is
that privilege only exists in an attorney client
relationship but I could be wrong as I am not an
attorney!

Here is an article from the Journal of Accountancyon
Workpaper Reviews:
http://www.aicpa.org/pubs/jofa/nov2001/myers.htm


In addition the recently passed Sarbanes-Oxley act may
provide some guidance on confidentiality. 
I would be interested in what you find and would
welcome an article on AuditNet covering this subject
for the benefit of other auditors.

Here is a link to a legal opinion in Florida Statutes:

http://legal1.firn.edu/ago.nsf/aaee37715760bbce852563cc001bacf7/32fe18ff6d2fcca0852567190064edd8!OpenDocument

By the way here is the Illinois statute on the
subject:

140. ILLINOIS FREEDOM OF INFORMATION ACT 

7.  Exemptions from inspection and copying (effective
July 1, 1984). 

(1).  The following shall be exempt from inspection
and copying:

.
. 

(n) Communications between a public body and an
attorney or auditor representing such public body that
would not be subject to discovery in litigation, and
materials prepared or compiled by or for a public body
in anticipation of a criminal, civil or administrative
proceeding upon the request of an attorney advising
the public body, and materials prepared or compiled
with respect to internal audits of public bodies.
[Emphasis added] 


Jim
--- Eric Williams <[EMAIL PROTECTED]> wrote:
> Sponsored by International Quality and Productivity
> Center Conference on 
> 
> THE CHANGING ROLE OF THE INTERNAL AUDITOR 
> March 31-April 2, 2003 * Georgian Terrace Hotel *
> Atlanta, GA 
> 
> <See Details at the end of this email>
> 
> Seats are limited so sign up now at www.iqpc.com!
> ***************************************
> 
> Hello All,
> 
> I hope that everyone is doing well.  I am presently
> researching the issue of 
> confidentiality as it relates to internal audit
> work-papers and 
> work-product.  I know that the matter was under
> debate in the state of 
> Illinois back in 1999, but I am unsure as the the
> ultimate outcome.  For 
> instance, the opening sentence to an article titled
> "Confidentiality Battle 
> Looms" reads: "A battle is brewing over insurance
> companies' ability to 
> invoke attorney-client privileges as a basis for
> declining to turn over 
> certain files to insurance department examiners."
> 
> Does anyone know how I can begin researching to see
> whether or not internal 
> audit work-papers are protected under a type of
> privilege or subject to 
> request for review by various state Departments of
> Insurance.
> 
> Thank you all in advance for your time and your
> help.  I greatly appreciate 
> them.
> 
> Regards,
> 
> Eric M. Williams, CPA
> Senior Internal Auditor
> 
> 
> 
> 
> 
> 
> 
> 
> 
> 
> 
> 
> 
> 
> liams, CPA
> Senior Internal Auditor
> 
> 
>
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This conference provides expert speakers addressing the latest and most topical issues 
regarding new processes & practices helping internal auditors successfully meet the 
expectations of BODs & auditing committees, senior executives, clients and external 
consultants. Includes case studies from Fidelity Investments, Bon Secours Health 
Systems, Staples, Schwan Food Company, FedEx, Anchor Bancorp, and others. 

AUDIT-L SUBSCRIBERS WILL SAVE $200 using discount code: A434E. 

Register by calling 1-800-882-8684, email to: [EMAIL PROTECTED] or 
online at www.iqpc.com! Note: This discount cannot be combined 
with any other offer. Payment in full upon registration. For 
cancellation and conference policies, please visit www.iqpc.com. 

If your organization would like to sponsor this discussion list send an e-mail to 
[EMAIL PROTECTED] for information.

To unsubscribe to the Audit-l list send an e-mail to [EMAIL PROTECTED] Leave the 
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