The Accountant's Guide to Legal Liability and Ethics: A Practice Guide / Edition 1

The Accountant's Guide to Legal Liability and Ethics: A Practice Guide / Edition 1

by Marc S. Epstein
     
 

In today's highly competitive accounting environment, liability is one of the biggest fears. Accountants are potentially subject to more claimants in the course of any one transaction than doctors. A major liability loss can severely damage or cause the complete failure of your accounting firm - large or small. The Accountant's Guide to Legal Liability and Ethics… See more details below

Overview

In today's highly competitive accounting environment, liability is one of the biggest fears. Accountants are potentially subject to more claimants in the course of any one transaction than doctors. A major liability loss can severely damage or cause the complete failure of your accounting firm - large or small. The Accountant's Guide to Legal Liability and Ethics reveals the magnitude of the liability issues you face daily as an accountant and tells you of the dangers. Practical and easy to read, this guide breaks through the rhetoric to show you the broad spectrum of liability. You'll discover the way courts really look at GAAS and GAAP; how to identify which areas of your practice are particularly vulnerable based on previous court actions and rulings; what to look for in a policy when purchasing professional liability insurance; and the foundation for developing an ethical framework that will guide accountants through these dangerous waters. While concerns over liability mount in almost every profession across the country, it undoubtedly weighs heavily on the accountant. The authors provide you with new insights and new dimensions in practicing your profession and help you overcome these concerns.

Read More

Product Details

ISBN-13:
9780256136210
Publisher:
McGraw-Hill Higher Education
Publication date:
02/28/1993
Pages:
320

Table of Contents

Ch. 1Introduction1
Ch. 2Liability to Clients Generally15
Ch. 3Third Party Liability37
Ch. 4Statutory Liability (Civil)63
Ch. 5Statutory Liability (Criminal)93
Ch. 6Detection of Fraud and Systemic Weaknesses123
Ch. 7Auditor's Reporting Responsibility141
Ch. 8Liability of the Tax Practitioner163
Ch. 9Forensic Accounting189
Ch. 10Other Special Engagements and Responsibilities203
Ch. 11Accountants' Professional Liability Insurance219
Ch. 12Ethical Foundation for Accountants227
Ch. 13Confronting Ethical Issues255
Ch. 14A New Direction273
Index287

Read More

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >