21 ncac 08n .0205 CONFIDENTIALITY
(a) Nondisclosure. A CPA shall not disclose any confidential information obtained in the course of employment or a professional engagement except with the consent of the employer or client.
(b) Exceptions. This Rule shall not be construed:
(1) to relieve a CPA of any reporting obligations pertaining to Section .0400 of this Subchapter;
(2) to affect in any way the CPA's compliance with an order of a court or a validly issued subpoena by this Board;
(3) to preclude the CPA from responding to any inquiry made by the AICPA Ethics Division or Trial Board, by a duly constituted investigative or disciplinary body of a state CPA society, or under state statutes;
(4) to preclude the disclosure of confidential client information necessary for the peer review process or for any quality review program;
(5) to preclude the CPA from assisting the Board in enforcing the accountancy statutes and rules;
(6) to affect a CPA's disclosure of confidential information to state or federal authorities when the CPA concludes in good faith based upon professional judgment that a crime is being or is likely to be committed; or
(7) to affect a CPA's disclosure of confidential information when such disclosure is required by state or federal laws or regulations.
History Note: Authority G.S. 55B‑12; 57D-2-02; 93‑12(9);
Eff. April 1, 1994;
Amended Eff. February 1, 2004; April 1, 2003;
Readopted Eff. February 1, 2016.