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Accountants' Negligence and Liability

Accountants' Negligence and Liability

  • 作者:
  • 出版商: Bloomsbury Professional (formerly Tottel Publishing)
  • ISBN: 9781780434865
  • 出版时间 September 2016
  • 规格: Hardback
  • 适应领域: U.K. ? 免责申明:
    Countri(es) stated herein are used as reference only
New Edition is available now !
  • 描述 
  • 大纲 
  • 详细

    Accountants’ Negligence and Liability covers all the main areas of accountants’ legal liabilities, including audit liabilities to clients and others, tax and insolvency work and conflicts of interest.

    Accountants’ negligence claims are often complex with claimants alleging negligence in relation to statutory and non-statutory audits, accounting advice, specified procedures reporting, due diligence reports and corporate finance reporting.

    Accountants’ Negligence and Liability covers the difficult legal issues including the scope of losses for which the accountant may be liable with detailed reference to case law as well as money laundering and regulatory issues as they affect accountants.

    The book looks at accountants’ negligence in relation to claims against accountants acting for corporations and accountants acting for individuals covering topics and case law of relevance and is aimed principally at accountants’ professional legal advisers, lawyers advising on claims against accountants and accountants.

    Accountants’ negligence cases in the book include: Equitable Life v E&Y (2005), Moore Stephens v Stone Rolls Ltd (2009) and Assetco PLC v Grant Thornton UK LLP (2013).

  • Audit liability – to whom?
    Audit liability – for what losses?
    Audit liability – for what conduct - standard of care – watchdog/bloodhound or some other dog?
    Audit liability – procedural aspects
    Tax liabilities including regulatory risks
    Insolvency liabilities
    Other liabilities – due diligence, valuation, forensic work, expert witness work etc
    Conflicts of Interest and confidential information
    Relationships with regulators and potential liability therefrom
    Limitation – time bar
    Contributory fault
    Contribution from others
    Contractual limitation of liability (including UCTA and companies act restriction)
    Professional discipline regimes (CCAB, FRC)
    Money laundering, including ICAEW Rules.

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