Ralph Summerford Quoted in Accounting Today Regarding Accounting Malpractice Lawsuits
On June 28, 2013, Ralph Summerford was quoted in a story in Accounting Today regarding the vulnerability of CPA’s to accounting malpractice lawsuits following incidences of fraud. Business clients faced with a fraud often sue their accountants for malpractice, at the suggestion of their attorneys. Ralph explains the Client Appreciation Curve, showing how the relationship between client and accountant is affected after fraud is uncovered and results in a malpractice suit.
You can view the story here