Generally,an accountant must possess the skills that an ordinarily prudent accountant would have.

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As a professional, an accountant must possess the skills that an ordinarily prudent accountant would have. This includes knowledge of accounting principles, laws and regulations, financial analysis, and communication and organizational skills. In addition, accountants must stay up-to-date with new developments in accounting and technology. Failure to possess these skills could result in errors, omissions, or negligence, leading to professional liability.

Generally,an Accountant Must Possess the Skills That an Ordinarily Prudent