Your Accountant Erred and Cost You Money – Do You Have a Case for Accounting Malpractice?

Let’s face it. The reason we hire accountants is because financial record-keeping and the rules that pertain to tax laws are so complicated most of us can’t do it. So what happens if you trust an accountant to handle your financial matters and something goes wrong? You get a letter from the Internal Revenue Service that says there was a big mistake made, or there is money missing. What do you do?

Accounting Malpractice

In the wake of the corporate accounting scandals that have dominated the business news for the last few years, as well as recurring announcements of large settlements in class action suits against major accounting firms, the prospect of a malpractice case against an accounting firm would at first glance seem attractive. Juries are presumably more predisposed to view accountants with renewed skepticism, when hardly a news cycle passes without some reference to accounting fraud, investigations, and the occasional large-scale debacles like the demise of Arthur Andersen, not to mention the high-profile criminal prosecutions that have recently gone to trial.

But suing an accountant is not a simple matter. As complex as accounting principals and tax laws are, so too are the rules regarding proving that an accountant has made an error, or even intentionally violated criminal law by takng or diverting money.

One option is to complain to the authorities, such as the police or the state agency that oversees accountants. They will investigate, but it’s an arduous and time-consuming process. These investigations are more concerned with prosecuting the accountant than they are recovering your money.

If you feel you have been damaged financially due to the carelessness, negligence, or intentional actions of your accountant, it is wise to seek the advice of a malpractice attorney specializing in accounting malpractice. These attorneys know the world of financial record keeping as well as or better than most accountants and they are intimately familiar with the laws pertaining to accounting negligence and malpractice.

MalpracticeAttorneys.com will help you if you feel you are the victim of accounting malpractice by connecting you with the most qualified attorney for your particular situation. This will be an attorney located near you who is available to listen to your story and recommend the best course of action. Our service is 100% free to victims.

The first step is to sign up by clicking here – we will be in touch with you promptly.