The information derived from or as the result of professional services is confidential and privileged. However, this section does not prohibit a certified public accountant, a public accountant, or an accounting practitioner from disclosing any data required to be disclosed by the standards of the profession:

1. (1) in rendering an opinion on the presentation of financial statements;
2. (2) in ethical investigations conducted by private professional organizations;
3. (3) in the course of peer reviews or an investigation or proceeding related to a peer review; or
4. (4) in making disclosure where the financial statements or the professional services of an accountant are contested.

As added by P.L.30-1993, SEC.7. Amended by P.L.197-2011, SEC.86; P.L.83-2024, SEC.10.