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ACCOUNTING MALPRACTICE PAGE

FACTS ABOUT ACCOUNTING MALPRACTICE

WHEN THE NUMBERS DON'T ADD UP, WHAT RECOURSE IS THERE?

Accounting malpractice happens when the accountant or any accounting professional becomes negligent of his duties. Professional institutes establish a list of standard of care that must be met to protect others from the risks of harm and deceit and when these legally established standards of care are not met, it can sometimes be considered negligence.

When filing a complaint concerning accounting malpractice, the plaintiff must be able to show that the negligent defendant was not able to meet the level of care that is common or customary in the accounting profession. An example is when an accountant is not able to file a client's tax return on time.

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You may also read about other types of malpractice by selecting a topic below.