Milwaukee Accounting Malpractice Lawyer
The conduct of accountants and auditors is defined by extraordinarily complicated regulatory and professional standards. These standards, Generally Accepted Accounting Principles, or GAAP, must be used when preparing financial statements for a business. When an accountant commits an error, omission or deviation from professional standards and it has a negative effect on the client, he or she has committed accounting malpractice.
Accountants must also adhere to tax codes when preparing tax returns for individuals and businesses. The finer points of these laws require a real degree of expertise. As a result, very few outside these professions, including sophisticated investors and businesspeople, understand them. That said, the conduct of these professionals has a great impact on the bottom line.
In order to have a valid accounting malpractice claim, negligence alone is not enough. A plaintiff must clearly demonstrate a cause-and-effect relationship between the accountant’s negligence and the damage caused.
If you believe you or your business has suffered due to accounting negligence, our team of lawyers is ready to put more than 55 years of experience to work to obtain the compensation to which you are entitled. To discuss your case with an experienced Milwaukee professional negligence attorney, contact us today.
We are prepared to work on cases including:
- Negligent audits
- Tax preparation negligence
- Improper disclosures
- Ethical violations
- Forensic accounting
- Evaluation of damages
Because the facts in these cases are often extremely complicated, it is important to reach out and fully understand all aspects of a case as soon as possible.
Schedule a Consultation with a Milwaukee Professional Negligence Attorney
To schedule a free initial consultation with one of our Milwaukee accounting malpractice attorneys, call 414-289-0909 or e-mail Domnitz & Domnitz, S.C.