Professions: Accounting Technicians

In our experience, common claims against small to medium-sized firms of accounting technicians include those relating to:

• Errors in annual accounts prepared on behalf of a client, including overstating or understating creditors.
• Missing deadlines, such as those for the preparation of accounts or the filing of tax returns.
• Giving incorrect advice on VAT liability.
• Negligent advice on tax liability arising from a specific business transaction.
• Not acting in accordance with the client's instructions when negotiating with a third party such as the Inland Revenue.