Individuals, sole traders and businesses often use accountancy services to manage their financial affairs. The advice given by accountants is often appropriate but can on occasions fall short of the required standard and duty of care.
No win, no fee. There will be no financial risk to you – even if your claim is not successful.
If you have suffered a financial loss due to your accountant acting in a way that you think could have been negligent then you may be able to bring a claim.
Our specialist team of professional negligence solicitors have helped a number of clients sue their accountant for negligence in a wide range of scenarios. Some examples of accounting negligence cases that we have advised clients upon include:
If you are a business, sole trader or private individual, and your accountant has provided the wrong advice or made an accounting error that has resulted in a financial loss or a loss of chance for you, then we urge you to get in touch.
Most accountants in England and Wales are recognised by either the Association of Certified Chartered Accountants (ACCA) or the Institute of Chartered Accountants in England and Wales (ICAEW). Both of these bodies operate a complaints function where clients can issue a grievance if they are not happy with how their accountant has dealt with their matter. This usually refers to unsatisfactory advice whereas the legal approach takes a complaint a step further to negligent advice. This means that there is an argument that the accountant has not acted in a way that utilises the necessary care and skill required of them. If you believe your accountant has been negligence we may be able to help you recover your losses.
You normally have six years from the date of neglect to bring a professional negligence accountancy compensation claim but this can vary depending upon the circumstances of your case. This time limit is called a limitation period. Whilst there are time limits it is best to not delay speaking to a professional neglect solicitor if you believe you have grounds for professional negligence compensation claim as it is better to discuss potential claims early on.
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Our professional negligence lawyers are happy to discuss fee options and advise clients under a wide range of fee structures.
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In general you have six years from the date of neglect or omission to act to make a professional negligence compensation claim. However, there are some exceptions to this rule for instance you may bring a claim within 3 years of the date you could be said to have become reasonably aware of the alleged negligence. This time limit is referred to a limitation period.
It is important to speak to a legal team as early as possible to avoid any issues with limitation dates.
