Accountants are often included as defendants in lawsuits, Accounting Basics

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Accountants are often included as defendants in lawsuits

Question: 1. Who has the responsibility for financial statements?

2. What is the role of the accountant as to financial statements?

3. Accountants are often included as defendants in lawsuits that relate to financial statements. Speculate as to why?

4. Why do management report on internal control over financial reporting?

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Accounting Basics: Accountants are often included as defendants in lawsuits

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Accounting Basics: Accountants are often included as defendants in lawsuits

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