The privity rule prevents the filing of an accounting malpractice lawsuit by a third party against an accountant.
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Q7: Following GAAP and GAAS is persuasive but
Q8: Under the known-user rule the identity of
Q9: An accountant who fails to render services
Q10: An accountant may be liable for malpractice
Q11: New York follows the contact rule in
Q13: Breach of contract remedies are available to
Q14: In some states an exculpatory clause protects
Q15: An accountant is generally not liable for
Q16: When the privity rule is applied, a
Q17: An accountant cannot be held liable for
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