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Reasonably Competent Accountant
A professional who possesses the necessary skills and knowledge expected of a qualified accountant in performing their duties.
Circumstances
The specific conditions or facts affecting a situation, event, or action which can influence the outcome.
Accountant-client Privilege
A legal privilege that allows clients to refuse to disclose confidential communications with their accountants in legal proceedings.
Statutorily Recognized
Officially acknowledged or established by law through legislative action.
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