Accountants and Malpractice; Can We Get Sued for This?

Overview

Description:
This seminar reviews situations in which a CPA or accounting professional may be in danger of being sued. We cover common law causes of action, such as negligence, and the relevant standards and case law defining what constitutes reasonable practitioner behavior. This course is ideal for lawyers, CPAs, EAs, tax preparers, accountants and insurance personnel.

Learning Objectives:

After attending the presentation you will be able to...

• Define the elements of negligence, the common law cause of action.
• Explain what constitutes reasonable practitioner behavior with reference to practice standards and common law.
• Ascertain how to avoid common pitfalls that could lead to the practitioner being sued.
  
  Program Content:
  The major topics that will be covered in this class include:
• How accountant liability is a very real threat in today's litigious society.
• A discussion of scenarios in which accounting professionals can find themselves inadvertently involved in a lawsuit.
• Pitfalls in which the accountant may find him- or her- self while dealing with clients.
• Real-life examples from the speaker's extensive experience as a practitioner and as an expert witness in accounting malpractice cases.
  
  

Who should attend: Lawyers, CPAs, EAs, tax preparers, accounts, insurance personnel

Developed By: Allison M. McLeod, LL.M., CPA. A PLLC

Instructor: Allison M. McLeod, LL.M., CPA

CPE Credit: 2

Field of Study: Regulatory Ethics (2 CPE)

Program Level: Basic

Prerequisites: None

Advanced Preparation: None

Format: QAS Self Study

Highlights

• How accountant liability is a very real threat in today's litigious society.
• A discussion of scenarios in which accounting professionals can find themselves inadvertently involved in a lawsuit.
• Pitfalls in which the accountant may find him- or her- self while dealing with clients.
• Real-life examples from the speaker's extensive experience as a practitioner and as an expert witness in accounting malpractice cases.

Prerequisites

None

Designed For

Lawyers, CPAs, EAs, tax preparers, accounts, insurance personnel

Objectives

• Define the elements of negligence, the common law cause of action.
• Explain what constitutes reasonable practitioner behavior with reference to practice standards and common law.
• Ascertain how to avoid common pitfalls that could lead to the practitioner being sued.

Preparation

None