Business Law Chapter 11
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt Play1/3
There's no tags or description
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
4 Terms
Accountant-client privilege
The legal protection that allows confidential communications between an accountant and their client to remain private and not be disclosed in legal proceedings, though it is more limited than attorney-client privilege.
Malpractice actions
Lawsuits filed against professionals such as accountants, doctors, or lawyers for failing to perform their duties to the required standard of care, resulting in harm to their client.
Working papers
The documents, notes, and records that an accountant prepares and collects while performing an audit or other professional service, which generally belong to the accountant rather than the client.
