Indianapolis Accountant Malpractice Lawyers
Individuals and companies frequently rely on accountants and accounting companies to handle their finances. However, in some instances, the individuals responsible for handling these finances of abuse their responsibilities or act in a negligent manner, resulting in monetary loss for their client(s).
When an accountant or accounting firm commits an error, omission, or deviation from Generally Accepting Accounting Principles, or GAAP, these individuals may be guilty of accountant malpractice. To help determine if your particular situation fits the definition of accountant malpractice, contact the Indianapolis accountant malpractice attorneys of the Hankey Law Office today at (800) 520-3633.
Proving Accountant Malpractice
Proving accounting malpractice can be a very difficult and complicated process, and so it is critical that you have a legal professional working with you to build a strong case. In order to prove accounting malpractice, you will need to demonstrate the following :
- Your case exhibits a deviation from the GAAP. When an accountant acts in a manner that is not in keeping with GAAP, he or she can be found guilty of simple or gross negligence. Simple negligence refers to situations where an accountant inadvertently deviates from GAAP or makes an accounting error. Gross negligence refers to situations where an accountant intentionally deviates from GAAP or manipulates an account.
- The negligence mentioned above resulted in a negative outcome.
- The negligence resulted in significant damages to the client.
Proving these elements can be extremely difficult, as most accounting firms have teams of lawyers designed to help them fight accountant malpractice cases. As such, it is critical that you have an experienced and qualified legal professional fighting for you if you have been the victim of accounting malpractice.
The Indianapolis accountant malpractice lawyers of the Hankey Law Office will provide you with the legal representation you need for your accounting malpractice case.
If you or someone you know has been the victim of accountant malpractice, contact the Indianapolis accountant malpractice attorneys of the Hankey Law Office today at (800) 520-3633 to schedule a consultation.