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Accounting Law Commons™

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Articles 1 - 10 of 10

Full-Text Articles in Accounting Law

Report Of The Task Force On Rule 102(E) Proceedings: Rule 102(E) Sanctions Against Accountants, Dixie L. Johnson, John H. Sturc, Kenneth B. Winer, Jayne W. Barnard, Evan J. Falchuk, Jeffrey T. Gilleran, Thomas Gorman, David B. Hardison, Gloria K. Niemi, Thomas L. Riesenberg Jan 1997

Report Of The Task Force On Rule 102(E) Proceedings: Rule 102(E) Sanctions Against Accountants, Dixie L. Johnson, John H. Sturc, Kenneth B. Winer, Jayne W. Barnard, Evan J. Falchuk, Jeffrey T. Gilleran, Thomas Gorman, David B. Hardison, Gloria K. Niemi, Thomas L. Riesenberg

Faculty Publications

No abstract provided.


Accountable Accountants: Is Third-Party Liability Necessary?, Victor P. Goldberg Jan 1988

Accountable Accountants: Is Third-Party Liability Necessary?, Victor P. Goldberg

Faculty Scholarship

Should accountants be liable to third parties if they conduct an audit in negligent manner? A half century ago, in Ultramares Corporation v. Touche, Niven & Co., Cardozo argued that they should not, unless their performance could be characterized as fraud. In recent years, courts in a minority of jurisdictions have concluded that Cardozo's argument is no longer compelling and they have found that "foreseeable" third parties could bring a tort action for ordinary negligence against the accountants. In addition to being subject to tort actions, accountants may also be liable under federal and state securities laws.

Suits against …


The Legal Blitz Against Accountants: An Analysis Of Section 12, Robert Allen Prentice, Jill Meznar Thompson Jan 1987

The Legal Blitz Against Accountants: An Analysis Of Section 12, Robert Allen Prentice, Jill Meznar Thompson

Kentucky Law Journal

No abstract provided.


Securities Law - Rule 10b-5 - Recklessness Formulation Of Scienter Requirement Under Rule 10b-5, Thomas G. Wilkinson Jr. Jan 1980

Securities Law - Rule 10b-5 - Recklessness Formulation Of Scienter Requirement Under Rule 10b-5, Thomas G. Wilkinson Jr.

Villanova Law Review (1956 - )

No abstract provided.


Securities Regulation - Breach Of Statutory Duty Of Inquiry Imposed By Section 17(A) Of Securites And Exchange Act Subjects Accountant To Liability As Aider-Abettor Of Securities Broker's Rule 10b-5 Violation, Philip G. Kircher Jan 1975

Securities Regulation - Breach Of Statutory Duty Of Inquiry Imposed By Section 17(A) Of Securites And Exchange Act Subjects Accountant To Liability As Aider-Abettor Of Securities Broker's Rule 10b-5 Violation, Philip G. Kircher

Villanova Law Review (1956 - )

No abstract provided.


Current Problems Of Accountants' Responsibilities To Third Parties, T. J. Fiflis Jan 1975

Current Problems Of Accountants' Responsibilities To Third Parties, T. J. Fiflis

Publications

No abstract provided.


Over-Accountable Accountants? A Proposal For Clarification Of The Legal Responsibilities Stemming From The Audit Function, Geoffrey T. Chalmers Oct 1974

Over-Accountable Accountants? A Proposal For Clarification Of The Legal Responsibilities Stemming From The Audit Function, Geoffrey T. Chalmers

William & Mary Law Review

No abstract provided.


Privileged Communications--Accountants And Accounting--A Critical Analysis Of Accountant-Client Privilege Statutes, Michigan Law Review Apr 1968

Privileged Communications--Accountants And Accounting--A Critical Analysis Of Accountant-Client Privilege Statutes, Michigan Law Review

Michigan Law Review

This Note will examine the policy bases for the accountant-client privilege and the reception which the privilege has received in federal and state courts. In addition, it will suggest desirable limitations on the scope of the privilege.


Tax Counseling By Accountants Apr 1948

Tax Counseling By Accountants

Indiana Law Journal

Recent Case: Unauthorized Practice of Law


Legal Liability Of The Public Accountant, Colvin P. Rouse Jan 1934

Legal Liability Of The Public Accountant, Colvin P. Rouse

Kentucky Law Journal

No abstract provided.