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Accountant Liability
Accountant liability refers to the legal accountability of accountants to their clients and third parties for negligence, misconduct, or failure to follow professional standards.
Fraud
Willful misrepresentation aimed at obtaining an illicit or unearned gain, or to strip someone of their rightful legal privileges.
Negligence
A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in harm or damage.
Defenses
Legal strategies and arguments used in court to justify or excuse an individual's actions or to challenge the validity of a lawsuit.
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