We entrust our accountants with a great deal of responsibility and rely on their specialist expertise and professionalism to both protect and advance our financial interests. As such, when they fail to meet basic standards, the consequences can be critical and the losses so great that it is necessary to make an accountant negligence claim .
The role of the solicitor
Although the British legal system has quite high thresholds for proving accountant negligence the guidance of a suitably qualified, experienced and accredited professional negligence solicitor can help turn allegations into incontrovertible evidence.
Types of negligence
There are many circumstances where it may be advisable to proceed with a claim against your accountant.
Perhaps the firm or individual had failed to spot a fraud while auditing accounts or has undervalued or overvalued assets to your detriment.
Furthermore, the complexity of this area of litigation makes it imperative that claimants seek the best advice. For example, unraveling abuses involving miss-sold services or illegal tax mitigation strategies can require both patience and exhaustive knowledge of the vagaries of both accountant practice and tax law.
Fundamentally though, the question will be of whether you, as a client, have received bad advice or a damaging audit from a negligent accountant who owed you a duty of care and whether you have, as a consequence, incurred financial loss.
Making a complaint
Often it is possible to register a complaint about an accountant with a senior partner or the firm – sometimes it may even be possible to obtain redress at this stage.
Additionally, there are various regulatory bodies which provide complaints procedures to dissatisfied clients.
Both the Association of Certified Chartered Accountants and the Institute of Chartered Accountants can discipline members for cases of professional misconduct.
Claiming compensation for professional accountant negligence
Based in London and Brighton, Healys's experienced team of professional negligence solicitors provide clients with the opportunity to ensure that accountants are held to account for breaches of duty.
If you have suffered financial loss as a result of bad advice or mis-sold services we can investigate the accountants negligence claim and advise you on your best course of action.
Get in touch with our partners by using our call-back form, email partner Robert Johnson or call him directly on 020 7822 4106.
Further information
Professional negligence claims and PII
Professional negligence claims and start-ups
Accountant and advisor negligence solicitors
Insurance broker negligence claims
Claiming for negligent tax advice
Negligence claim six-year time limit
Professional negligence expert witnesses
Run off cover and negligence claims
Limitation issues with accountancy negligence claims
Bank negligence claims
