accountants.uslegal.comAccountants – An USLegal Topic Area
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accountants.uslegal.com |
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United States |
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Orlando |
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28.541507720947 |
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Skip to content Home Information View All Definitions Questions & Answers Articles/Guides Legal Topics Services Make your Will Divorce Ask a Question Document Preparation Document Review Business Formation Get Business Licenses Find Attorney View All Products Legal Forms Legal Guides Form Drafting Find Attorney Locate Lawyers Ask a Question For Attorneys Products Legal Research Submit Article Domain / Blog Management Attorneys Wanted Attorney Directory Sponsorships Login Help About Privacy Policy USLegal Personal Personal and Family Life Legal Matters Free Information View All Definitions Questions & Answers Ask a Question Articles/Guides Legal Topics Services Make your Will Divorce Ask a Question Document Preparation Document Review Business Formation Find Attorney View All Products Legal Forms Legal Guides Form Drafting Participate Submit Article Domain / Blog Management Build USLegal Program We Care! We Help! No Hassles Guarantee. Business Get Legal Help for Any Legal Need from People in Business Information View All Definitions Questions & Answers Ask a Question Articles/Guides Legal Topics Services Business Formation Ask a Question Document Preparation Document Review Find Attorney Get Business Licenses View All Products Legal Forms Legal Guides Form Drafting Participate Submit Article Domain / Blog Management Build USLegal Program Most Popular Incorporation LLC Formation Ask a Question Attoney Assistance Attorneys For Attorneys Products Legal Research Submit Article Domain / Blog Management Attorneys Wanted Attorney Directory Sponsorships US Legal Support Help Customer Service Contact Ask Legal Questions Do I have a Case Last Will Checkup Contact an Attorney Feedback Your Privacy Login Convenient, Affordable Legal Help - Because We Care! Search: Search Accountants An accountant is one who is skilled in keeping accounts and books of accounts correctly and properly. An accountant play a variety of roles including the review, audit, organization and certification of financial information. The various types of accountants include; auditors, forensic accountants, public accountants, tax professionals, financial advisors and consultants. Accountants s have a minimum of a bachelor’s degree, but often have other advanced degrees, and all accountants must be certified through the appropriate state board. Most states have statutes that provide for a state board of accountancy or a board of certified public accountants. Statutes may require the registration of accountants and accounting firms with the state board of accountancy. A state has the power to revoke the license which grants the right to practice public accountancy. Regulations relating to accountants in various states are discussed in the links below. There are restrictions on practice of accounting. Non-certified accountants are prohibited from practicing accounting. In addition, accountants are restricted from practicing law. No confidential accountant-client privilege exists under common law. However, several states have now adopted the privilege by statute and some statutes explicitly permit disclosure in judicial proceedings. An accountant, however, has the right to retain data created in the course of auditing a client’s account and ascertaining its tax liability. However, if the accountant is an employee, the ownership vests in the employer. The standard of care applicable to the conduct of audits by public accountants is the same as that applied to doctors, lawyers, architects, engineers, and others furnishing skilled services for compensation, and that standard requires reasonable care and competence therein. Accountant owes a duty only to his or her client, for ordinary negligence. In cases of negligent misrepresentation, duty expands to specifically intended beneficiaries of the report who are substantially likely to receive the misinformation. In cases of intentional misrepresentation, the accountants owe duty to third parties who could be reasonably foreseen to rely on the misrepresentation. Inside Accountants Accountants Education What is an Accountant Educational Background of Accountants The CPA Examination Different Types of Accountants Regulation and Licensing Regulation of Accountants – State Laws Restrictions on Practice of Accounting Employment of Accountants Accountant-Client Privilege; Accountant’s Right to Retain Data Duties and Liabilities of Accountants Forms and Guides Questions and Answers Attorneys Sitemap Ad Space Content Bottom 1 Ad Space Content Bottom 2 Share: Get the USLegal Last Will Combo Legacy Package and protect your family today! includes your Will, Power of Attorney, Living Will and more. Start Now! 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