Cpa reg certification - Study guides, Class notes & Summaries

In a fraud case, the CPA is generally liable to all:reasonably foreseeable victims of the misstatement Consideration must be:legally sufficient. This doesn't mean fair or equal. A CPA can charge a contingent fee when helping a client with a claim for a refund filed solely:in connection with a determination of statutory interest or penalties. Ultramares rule:established in a 1931 case of the same name, requires privity before an accountant is liable for negligence. Other rules, such as ...

In a fraud case, the CPA is generally liable to all:reasonably foreseeable victims of the misstatement Consideration must be:legally sufficient. This doesn't mean fair or equal. A CPA can charge a contingent fee when helping a client with a claim for a refund filed solely:in connection with a determination of statutory interest or penalties. Ultramares rule:established in a 1931 case of the same name, requires privity before an accountant is liable for negligence. Other rules, such as ...