NAC680A.018. “Workpaper” defined.

“Workpaper” means the record kept by an independent certified public accountant of the procedure followed, the test performed, the information obtained and the conclusion reached pertinent to his or her examination of the financial statements of an insurer. A workpaper includes, but is not limited to, an audit planning document, a work program, an analysis, a memorandum, a letter of confirmation and representation, an abstract of company documents and a schedule or commentary which are prepared or obtained by the independent certified public accountant in the course of his or her examination of the financial statements of an insurer and which support his or her opinion thereof.

     (Added to NAC by Comm’r of Insurance, eff. 5-23-96; A by R076-02, 9-20-2002)