Gaining a new balance in accountants' liability to nonclients for negligence: Recent developments and emerging trends

SelectedWorks Author Profiles:

Carl J. Pacini

Document Type


Publication Date


Date Issued

January 1998

Date Available

March 2014




"The objectives of this Article are threefold. The first is to analyze state court decisions and statutes that have slowed or reversed the expansion of accountant liability to third parties for negligence. The second is to examine this trend in light of the different legal standards used by the states in deciding which third parties have a right to sue accountants for negligent misrepresentation (or are owed a duty by accountants). The third objective is to refine, enhance, and update the knowledge of attorneys, regulators, accountants, and educators about auditors' legal responsibilities to nonclients for negligence." (p.19)


Excerpt only. Full-text article is available only through licensed access provided by the publisher. Published in Commercial Law Journal, 103(1), 15-66. Members of the USF System may access the full-text of the article through the authenticated link provided.




Commercial Law League of America

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.