On Civil Liability For Certified Public Accountants

With more and more people relying on registered accountants' professional knowledge, registered accountants' civil liability become more and more important in the field of judicial. Because of its been copied, accounting statement may be known and used by masses of people, whether offerer agrees or not, so no one can forecast the quantity of damages. Extent of compensation of registered accountants affects not only investers' initiative and developing of capital market, but whether accounting profession still exists. This term will discuss the nature of liability, causation, bearing liability about registered accountants and so on, with using experience of other countries, for seeking balance between thousand of people's interest and experts' interest.