The AICPA/NAIC Task Force discusses statutory insurance accounting and audit issues, and proactively liaises with the National Association of Insurance Commissioners (NAIC).
Best Practices: Insurance Regulator Access to Audit Documentation provides non-authoritative guidance for CPA firms and insurance regulators to consider regarding regulators’ access to auditors’ workpapers. The document provides relevant excerpts from the NAIC Model Audit Rule and Generally Accepted Auditing Standards, best practices for both insurance regulators and CPA firms to consider, and a protocol for resolving access