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To: HEP_Ronin who wrote (4736)7/8/2002 11:18:31 PM
From: Keith MonahanRead Replies (1) | Respond to of 24758
 
If your conversations with your accountant are not in any way privileged, and if your accountant were to become aware of your involvement in any activity of an illegal or criminal nature, then isn't she required by law to report it?

Auditing standards, in general, indicate that the auditor has an obligation to observe confidentiality when learning of fraudulent activities. Their sole responsibility is to report the fraud to the company's senior management and/or the Audit Committee of the Board of Directors.

There are exceptions to this rule, for example, an auditor/accountant is required to respond to a subpoena, as Grace indicated.