Description
Bloomsbury Publishing (UK) Accountants’ Negligence and Liability by QC Simon Salzedo QC Tony Singla QC
The second edition focusses on the difficult legal issues surrounding the liability of accountants in negligence claims. It covers statutory and non-statutory audits tax advice specified procedures reporting due diligence reports and corporate finance reporting. It looks at the scope of losses for which the accountant may be liable with detailed reference to case law as well as money laundering and regulatory issues. Limitation and contributory fault are considered with special reference to accountants cases.The following important developments in case law are included:- Lowick Rose LLP v Swynson Ltd & Anor [2017] on transferred loss- BPE Solicitors & Anor v Hughes-Holland [2017] on scope of duty and the SAAMCO principle- Steel v NRAM Limited [2018] which revisited the Caparo test for establishing a duty of care- Manchester Building Society v Grant Thornton UK LLP [2019] - AssetCo v Grant Thornton [2019] - Deloitte & Touche v Livent