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Reconsidering The Lack Of Duty Defense To State Auditor Negligence Claims


Reconsidering The Lack Of Duty Defense To State Auditor Negligence Claims
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Reconsidering The Lack Of Duty Defense To State Auditor Negligence Claims


Reconsidering The Lack Of Duty Defense To State Auditor Negligence Claims
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Author : Christopher Allegaert
language : en
Publisher:
Release Date : 2002

Reconsidering The Lack Of Duty Defense To State Auditor Negligence Claims written by Christopher Allegaert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.


Under common law, auditors owe a duty of care only to certain limited third parties, and may exercise a quot;lack of dutyquot; defense against all others who sue for negligence or negligent misrepresentation. The quot;lack of dutyquot; defense is rooted in a bygone era of accounting. The courts have not considered the effects of drastic changes in professional accounting practice since the leading cases were decided, and the law has lost touch with professional practice and the business environment. Attempts to apply outmoded law to particular situations result in decisions that are neither predictable nor consistent between jurisdictions, causing inequities to plaintiffs and reducing incentives for auditor effort. We suggest linking the legal duty of care to the standard of professional behavior required of auditors under generally accepted auditing standards.



Defense Law Journal


Defense Law Journal
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Author :
language : en
Publisher:
Release Date : 2004

Defense Law Journal written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Defense (Civil procedure) categories.




Abuja Management Review


Abuja Management Review
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Author :
language : en
Publisher:
Release Date : 2009

Abuja Management Review written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Management categories.




Current Law Index


Current Law Index
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Author :
language : en
Publisher:
Release Date : 2007

Current Law Index written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Law categories.




Model Rules Of Professional Conduct


Model Rules Of Professional Conduct
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Author : American Bar Association. House of Delegates
language : en
Publisher: American Bar Association
Release Date : 2007

Model Rules Of Professional Conduct written by American Bar Association. House of Delegates and has been published by American Bar Association this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Law categories.


The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.



Securities Regulation


Securities Regulation
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Author : Louis Loss
language : en
Publisher:
Release Date : 1989

Securities Regulation written by Louis Loss and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Disclosure of information categories.




Index To Legal Periodicals Books


Index To Legal Periodicals Books
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Author :
language : en
Publisher:
Release Date : 2004

Index To Legal Periodicals Books written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Law categories.




West S Federal Practice Digest 4th


West S Federal Practice Digest 4th
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Author :
language : en
Publisher:
Release Date : 1997

West S Federal Practice Digest 4th written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Law reports, digests, etc categories.




West S Federal Practice Digest


West S Federal Practice Digest
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Author :
language : en
Publisher:
Release Date : 1997

West S Federal Practice Digest written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Law reports, digests, etc categories.




Final Accounting


Final Accounting
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Author : Barbara Ley Toffler
language : en
Publisher: Currency
Release Date : 2003-03-04

Final Accounting written by Barbara Ley Toffler and has been published by Currency this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-03-04 with Business & Economics categories.


A withering exposé of the unethical practices that triggered the indictment and collapse of the legendary accounting firm. Arthur Andersen's conviction on obstruction of justice charges related to the Enron debacle spelled the abrupt end of the 88-year-old accounting firm. Until recently, the venerable firm had been regarded as the accounting profession's conscience. In Final Accounting, Barbara Ley Toffler, former Andersen partner-in-charge of Andersen's Ethics & Responsible Business Practices consulting services, reveals that the symptoms of Andersen's fatal disease were evident long before Enron. Drawing on her expertise as a social scientist and her experience as an Andersen insider, Toffler chronicles how a culture of arrogance and greed infected her company and led to enormous lapses in judgment among her peers. Final Accounting exposes the slow deterioration of values that led not only to Enron but also to the earlier financial scandals of other Andersen clients, including Sunbeam and Waste Management, and illustrates the practices that paved the way for the accounting fiascos at WorldCom and other major companies. Chronicling the inner workings of Andersen at the height of its success, Toffler reveals "the making of an Android," the peculiar process of employee indoctrination into the Andersen culture; how Androids—both accountants and consultants--lived the mantra "keep the client happy"; and how internal infighting and "billing your brains out" rather than quality work became the all-important goals. Toffler was in a position to know when something was wrong. In her earlier role as ethics consultant, she worked with over 60 major companies and was an internationally renowned expert at spotting and correcting ethical lapses. Toffler traces the roots of Andersen's ethical missteps, and shows the gradual decay of a once-proud culture. Uniquely qualified to discuss the personalities and principles behind one of the greatest shake-ups in United States history, Toffler delivers a chilling report with important ramifications for CEOs and individual investors alike.