Made available by Touch N' Go Systems, Inc., and the
Law Offices of James B. Gottstein.

You can also go to The Alaska Legal Resource Center or search the entire website search.

Touch N' Go, the DeskTop In-and-Out Board makes your office run smoother. Visit Touch N' Go's Website to see how.
Title 12 . Professional and Vocational Regulations
Chapter 4 . Big Game Guides and Transporters
Section 50. Responsibility and disclosure

12 AAC 04.050. Responsibility and disclosure

An accountant may not issue an opinion on representations in financial statements he or she has examined unless the accountant

(1) discloses any relevant, material fact known to the accountant which is not disclosed in the financial statements; and

(2) discloses any material misstatement contained in the financial statements; and

(3) has exercised that degree of skill which is customary in the profession; and

(4) discloses any deviation in the financial statements from customary accounting procedures.

History: Eff. 1/20/63, Register 7; am 9/9/72, Register 43; am 4/10/88, Register 106

Authority: AS 08.04.070 (b)

AS 08.04.080

Note to HTML Version:

The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.

Last modified 7/05/2006