Under the Securities Exchange Act of 1934, an accountant's liability for false or misleading statements is based on a good faith negligence standard.

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Under the Securities Exchange Act of 1934, an accountant's liability for false or misleading statements is based on a good faith negligence standard, meaning that the accountant must have acted in good faith and without negligence in order to avoid liability.

Under the Securities Exchange Act of 1934, an Accountant's Liability