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15 Apr 2024, 3:00 am by Andrew Lavoott Bluestone
The law is very clear that an agreement to perform unaudited services does not shield an accountant from liability because an accountant must perform all services in accordance with the standard of a reasonable accountant under similar circumstances, which includes reporting fraud that is or should be apparent (see 1136 Tenants’ Corp. v Rothenberg & Co., 36 AD2d 804 [1st Dept 1971], affd 30 NY2d 585 [1972]; see also William Iselin & Co., Inc. v Mann Judd… [read post]
17 Feb 2020, 2:13 am by UKSC Blog
Barclays Bank plc v Various Claimants, heard 28 November 2019. [read post]
7 Jan 2011, 1:27 am by Kevin LaCroix
I am sure that the possible effect of the Morrison v. [read post]
7 Apr 2011, 1:42 pm by Douglas Reiser
In fact, a Washington Court of Appeals overturned a summary judgment award given to bank who had allegedly mishandled construction funds in Westview Investments, Ltd. v. [read post]