Claims of professional negligence can be complex.
We have substantial experience providing advice and expert opinion on professional negligence assignments involving financial accounting, Generally Accepted Accounting Principles (GAAP), International Accounting Standards (IAS), statutory audit and tax issues.
We provide informed opinions based on real world experience on the standard expected of a ‘reasonably competent professional’, and consequential loss. We have been instructed on claims against accountants, tax advisers, auditors and lawyers and we have been appointed by solicitors for both claimants and defendants.
With particular experience in taxation matters involving allegations of professional negligence, we can advise on tax schemes (such as film schemes and employee benefit trusts), entrepreneurs’ relief, research and development tax credits and capital allowances.