Audit and Accountancy Pitfalls is a one-of-a-kind casebook of
professional negligence claims against auditors and accountants.
Written as a practical reference for accountancy practitioners and
their advisors, the authors draw on their personal experiences as
expert witnesses, and from insurers' case files to provide a set of
real life case studies illustrating the professional challenges facing
all accountants and auditors, adding practical guidance on how to
manage these situations effectively.
Coverage includes:
*Claims against auditors for failing to detect fraud
*Other
claims against auditors.
*Claims against accountants
*Tax
related claims
*Disciplinary actions against accountants
The cases described in this book will provide many salutary warnings
to practitioners in virtually every field of accountancy. Although all
names have been changed to protect the guilty, the events and outcomes
described are real. In each instance the authors set out what went
wrong and the lessons to be learned from the mistakes made, making
this a thought-provoking read.
Written by an author team with over 40 years' collective experience
in dealing with litigation in accounting and auditing, Audit and
Accountancy Pitfalls will be an indispensable reference for
auditors, accountants and anyone involved in claims involving
allegations of negligence against professional accountants.
