An accountant cannot be held liable for a misstatement or omission of material fact in a registration statement.

Name: An accountant cannot be held liable for a misstatement or omission of material fact in a registration statement.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

An accountant cannot be held liable for a misstatement or omission of material fact in a registration statement.​

Quizplus · Accepted Answer

An accountant can be held liable for a misstatement or omission of material fact in a registration statement under certain conditions, such as if they knew or should have known of the misstatement and did not take steps to correct it.

An Accountant Cannot Be Held Liable for a Misstatement or Omission