Our global team of securities and professional liability lawyers at Hogan Lovells is uniquely positioned to monitor legal developments across the globe that impact accountants’ liability risk. We have experienced lawyers on...more
The Hong Kong Court of Appeal has denied an accountant’s appeal of a Disciplinary Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA) order that cancelled her practicing certificate due to...more
In mid-2020 the German stock corporation Wirecard became suspected of having falsified its records and to have made up assets in the magnitude of EUR 1.9 billion in its balance sheets. This prompted the German legislature to...more
A company that specialized in the design and production of optical instruments (hereafter: the Company) hired an accounting firm and a tax consultancy firm (hereinafter: the Accountants) to prepare its annual accounts between...more
10/26/2021
/ Accountant Malpractice ,
Accountants ,
Accounting ,
Accounting Standards ,
Audits ,
Financial Institutions ,
Financial Services Industry ,
Hong Kong ,
Italy ,
Netherlands ,
Professional Liability ,
Securities and Exchange Commission (SEC) ,
Spain
On 1 July 2021 a new bill came into force in Germany that substantially reshapes the legal framework for accountants (“Gesetz zur Stärkung der Finanzmarktintegrität – (Finanzmarktintegritätsstärkungsgesetz -FISG)”, “FISG”,...more
Court of Appeal rules in favor of accounting firm in breach of contract claim -
The Court of Appeal has rejected a claim from a California-based businessman that a global accounting firm failed to ensure that its...more
Hogan Lovells has a global team of securities and professional liability lawyers uniquely positioned to monitor legal developments across the globe that impact accountants’ liability risk. We have experienced lawyers on five...more
Hogan Lovells’ global team of securities and professional liability lawyers is uniquely positioned to monitor legal developments across the globe that impact accountants’ liability risk. We have experienced lawyers on five...more
1/31/2020
/ Accountant Malpractice ,
Accountants ,
Accounting ,
Accounting Standards ,
Audits ,
Fees ,
Financial Aid ,
Financial Fraud ,
KPMG ,
Netherlands ,
PCAOB ,
Professional Liability ,
Sanctions ,
Spain ,
Standard of Care
The Netherlands -
Breach of an accountant’s duty of care does not always lead to civil liability -
In the period of 2001-2002, two accountants drafted a company’s financial statements at the request of the owner who...more
11/8/2019
/ Accountant Malpractice ,
Accountants ,
Accounting ,
Accounting Standards ,
Civil Liability ,
Confidential Information ,
Constitutional Challenges ,
Corporate Misconduct ,
Criminal Prosecution ,
Duty of Care ,
International Tax Issues ,
Local Ordinance ,
PCAOB ,
Professional Liability ,
Standard of Care ,
Tax Advice
Hogan Lovells’ global team of securities and professional liability lawyers is uniquely positioned to monitor legal developments across the globe that impact accountants’ liability risk. We have experienced lawyers on five...more
8/26/2019
/ Accountant Malpractice ,
Accountants ,
Accounting ,
Duty of Care ,
Economic Sanctions ,
Enforcement Actions ,
Fines ,
Germany ,
Hong Kong ,
Memorandum of Understanding ,
Netherlands ,
Professional Liability ,
Prospectus ,
Regulatory Standards ,
Spain
Hogan Lovells’ global team of securities and professional liability lawyers is uniquely positioned to monitor legal developments across the globe that impact accountants’ liability risk. We have experienced lawyers on five...more