Accounting Law Commons^™

Office Of The Auditor General, P. Thorner

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, J. Altomare

California Regulatory Law Reporter

No abstract provided.

Ldc Debt Reduction Techniques: Debt-Equity And Debt Collateralization Transactions-Legal And Accounting Implications For U.S. Banks, Andrew C. Quale Jr.

University of Miami Inter-American Law Review

No abstract provided.

What Can Be Done About Stock Market Volatility, Tamar Frankel

Faculty Scholarship

Volatility is as old as the financial markets. The bull market of 1986 and the crash that followed in 1987 were but the latest of periodic market gyrations that started with the South Sea Bubble and the Lombard Street run on commercial paper and have continued ever since.' Volatility in the financial markets would not be very important if market activity simply mirrored economic activity. Volatility would be much less important if the markets moved independently of the economy. But if we believe, as I do, that the markets and the economy are interdependent, and that their volatility is generally …

Office Of The Auditor General, P. Thorner

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, J. Altomare

California Regulatory Law Reporter

No abstract provided.

Office Of The Auditor General

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, M. Colwell

California Regulatory Law Reporter

No abstract provided.

Office Of The Auditor General

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, M. Colwell

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, M. Colwell

California Regulatory Law Reporter

No abstract provided.

Guarding The Guardians: Expanding Auditor Negligence Liability To Third-Party Users Of Financial Information, James W. Zisa

Campbell Law Review

The nature of today's financial information is changing faster than the public user can respond. The public is beginning to rely more heavily on the auditors of this information, imposing upon the professional a level of social responsibility unparalleled by that of prior years. This increasing reliance on the accounting profession is the focus of this Article. This paper will raise and discuss two interrelated issues. First, to whom, if anyone, should an auditor be held liable for negligence in the performance of his professional duties? Second, accepting the current system of legal responsibilities, what is the profession doing to …

Office Of The Auditor General

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, M. Colwell

California Regulatory Law Reporter

No abstract provided.

Auditor Changes And Opinion Shopping- A Proposed Solution, Dale R. Rietberg

University of Michigan Journal of Law Reform

This Note argues that the existing regulatory mechanism has failed to address adequately the problem of opinion shopping, and that better means of ensuring the reliability of financial statements are needed. Part I describes the nature and extent of the opinion-shopping problem, including a discussion of its larger, macroeconomic impact. Part II argues that the underlying causes of the problem are systemic and that present safeguards against opinion shopping are inadequate. Finally, Part III examines some alternative solutions and proposes a system of Accounting Issue Inquiry Centers under the direction and auspices of the SEC. These Centers would be designed …

Office Of The Auditor General, K. Gleason Huss, L. Jackson

California Regulatory Law Reporter

No abstract provided.

Negligent Accounting And The Limits Of Instrumental Tort Reform, John A. Siliciano

Michigan Law Review

This article first explores the relationship between the accountant and the reliant third party, and recounts the mounting judicial hostility to the accountant's traditional privity defense. Next, the article critically examines the arguments that have supported traditional privity-based regimes. The third section turns to the reform courts and tests whether the rationales offered for reform justify abandoning the privity requirement.

Concluding that a convincing case for reform has yet to be made and - given the complexity of a properly executed instrumental analysis - may never be made, the article's final section reconsiders the utility of instrumental reasoning as a …

Office Of The Auditor General, C. Traxler, M. Livingston

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, J. Graham

California Regulatory Law Reporter

No abstract provided.

Negligent Accounting And The Limits Of Instrumental Tort Reform, John A. Siliciano

Cornell Law Faculty Publications

No abstract provided.

Office Of The Auditor General, C. Traxler, M. Livingston

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, J. Graham

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, J, Graham

California Regulatory Law Reporter

No abstract provided.

Office Of The Auditor General, C. Traxler, M. Livingston

California Regulatory Law Reporter

No abstract provided.

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 Accountant-Client Privilege: Does It And Should It Survive The Death Of The Client?, Denise P. Lindberg

BYU Law Review

No abstract provided.

Cpas Who Perform Management Consulting Services May Face Increased Exposure To Controlling Person Liability Under The Federal Securities Acts

Washington and Lee Law Review

No abstract provided.

Office Of The Auditor General, F. Adelman, C. Traxler

California Regulatory Law Reporter

No abstract provided.

Board Of Accountancy, M. Livingston

California Regulatory Law Reporter

No abstract provided.

Office Of The Auditor General, F. Adelman, C. Traxler

California Regulatory Law Reporter

No abstract provided.