ACCOUNTING MALPRACTICE CLAIMS
Our expertise in accounting and financial reporting is invaluable when alleged accounting malpractice stems from fraud not uncovered by certified public accountants (CPAs) or by failures of CPAs to follow professional standards.
Litigators, in-house legal teams and outside counsel, CPAs and auditors rely upon FSS to assist them through every phase of an accounting malpractice claim.
EXPERTISE AT EVERY PHASE OF LITIGATION
At the earliest stages of a case, when allegations arise and professional malpractice is suspected, we leverage our deep accounting and auditing knowledge and forensic investigation techniques to help our clients determine whether a claim is viable.
For lawyers and CPAs bringing or defending claims, we offer expert opinions and analysis on whether professional standards have been met. We are routinely deployed by plaintiffs and defense teams as expert witnesses when accounting malpractice cases go before judges, juries, or other finders of fact.
- Early Case Assessment for Accounting Malpractice Allegations. Deploying cutting-edge technology and unmatched investigative experience, we advise both plaintiffs and defendants on the viability of accounting malpractice claims. Learn More
- Professional Accounting Standards Compliance Analysis. No matter the location, industry, or type of organization, our team is able to analyze whether a CPA has—or has not—complied with the professional standards pertinent to an accounting malpractice claim. Learn More
- Accounting Malpractice Expert Witnesses. Not only do we bring unmatched professional experience to the witness stand, but we are also adept at explaining highly complex accounting and financial subject matter in easy-to-comprehend language. Learn More
DEEP EXPERIENCE and A CLIENT-CENTERED APPROACH
Our team is comprised of professionals with decades of experience, recognized as leaders in financial investigations— giving us the advantage of having a unique perspective for each case. We understand, for instance, that no case is exactly the same, such that we work closely with our clients to design an approach based upon their specific needs.
To learn more about how we can assist you in assessing, pursuing, or defending against an accounting malpractice claim, Contact Us to schedule a call with one of our experts.
Fact Sheet for CPAs and Counsel
Accountant malpractice claims continue to rise—particularly those involving CPAs who have allegedly failed to detect a fraud. Download this tip sheet to learn what accountants and their counsel should know about the current landscape of accountant malpractice claims
When Auditors Aren’t Using Their Professional Skepticism, Accounting Malpractice Claims May Arise
Organizations often take it as an article of faith that their auditors are following professional standards—and for good reason. Publicly released peer reviews of auditing firms give 95 percent of them passing grades for their work. In fact, a recent Wall Street...
Avoiding Accountant Malpractice Claims: It’s Not Getting Any Easier
For nearly 25 years now, I’ve been exhorting CPAs to take seriously their responsibility to detect fraud during an audit—or face the potentially ruinous financial and reputational consequences of accountant malpractice claims. Sadly, many audit firms and CPAs have yet...
How Getting Too Close to Clients Can Lead to Accountant Malpractice Claims
Accountant malpractice claims have been a growth industry for litigators for more than two decades, thanks to increasingly strict professional standards for auditors and accountants. And there’s no letup in sight. In fact, even in 2020, with the coronavirus wreaking...