• The New Accountant Client Privilege in Oklahoma: Don’t Count on Its Protection
  • February 16, 2010 | Authors: Erin K. Dailey; Sheppard F. Miers
  • Law Firm: GableGotwals - Tulsa Office
  • Effective November 1, 2009, Oklahoma law has recognized a new evidentiary privilege for confidential communications between a client and a certified public accountant (“CPA”) or a public accountant who is certified by the Oklahoma Accountancy Board. The statute, 12 Okla. Stat. § 2502.1, appears to grant broad protection to confidential communications between clients and their accountants. There are, however, some potential pitfalls for the unwary who place too much reliance in the protections the statute offers. This article will provide a brief overview of the statute and some of the potential limitations of the protections offered.