Accountants can help you and your business succeed in many different ways. You often place enormous trust in accountants and expect sound financial advice to protect your assets, improve profits and reduce costs.
If your accountant has failed to provide a reasonable level of service, and you have suffered losses as a result of their negligence, you could be entitled to compensation.
Common examples of negligence by accountants include:
- Company assets valued incorrectly
- Negligent audits
- Incorrect tax advice
- Missed deadlines for filing returns
- Failure to detect fraud
- Incorrectly preparing accounting documents