The liability exposure of accountants has widened dramatically over the past decade in the wake of numerous frontpage corporate and financial scandals.
Accountants’ Liability has been the reliable and readable resource that accountants have turned to for guidance on how they can meet their professional responsibilities, comply with relevant rules, and avoid the increased number of legal land mines.
Accountants’ Liability provides attorneys with the legal, strategic, and tactical knowledge they need to prove (or successfully defend against) claims against accountants such as:
Accountants’ Liability spotlights the damage done if accountants fail to follow professional conduct, auditing, accounting or tax standards. The expert authors discuss the sources of current claims, the various legal theories upon which they may be instituted, and some of the practical problems faced by the parties in litigating such claims.
Accountants’ Liability is an essential guide for all accountants, auditors, and attorneys, as well as a useful reference for insurance professionals.