Overview

How do I know my accountant has been negligent?

We understand the complexities of bringing a claim against a negligent accountant. Businesses and individuals rely on accountants in a variety of different matters, from preparing company accounts and carrying out audits to providing tax advice or valuing a company’s assets. Accountants are frequently only instructed in relation to complex matters, and their fees can be high. If the accountant’s work falls below the standard of care expected, then this can result in you incurring a significant loss.

Examples of situations where an accountant has been negligent include:

  • missing a deadline for filing accounts or annual returns, which may result in you incurring a penalty or a company being struck off Companies House;
  • providing incorrect tax or financial planning advice resulting in the over payment of tax or the loss of investment;
  • negligently valuing a company’s assets;
  • carrying out a negligent audit of a company;
  • failing to prepare important accounting documents;
  • failing to follow instructions; or
  • failing to detect fraud.

If you have suffered a loss as a result of the negligence of your accountant then contact us today. Our lawyers can advise you on whether you have a claim and we will help you to recover any losses you may have incurred.

Key contact

Richard is a Partner and an elected partner on the firm’s board of management.  He is also Group Head of the ever expanding dispute resolution team at Hugh James. He conducts major commercial disputes frequently with an international flavour including commercial claims, mining disputes, shareholder and partnership disputes, professional negligence claims, contentious IT disputes, injunctive relief and insolvency.

View team

Quotes

The "highly regarded" Richard Locke is group head of the dispute resolution team. He has experience in a range of commercial litigation, including IT disputes, shareholder and partnership disputes, and professional negligence claims.

Chambers & Partners UK

Quotes

Locke is ‘very bright', and ‘tough' but ‘likeable'.

Legal 500

Quotes

Department head Richard Locke is an experienced litigator praised by sources for his "balanced judgement" and for being "very good with clients."

Chambers & Partners UK

Quotes

Richard Locke provides 'incisive and no-nonsense advice' and is particularly active handling cases brought against solicitors.

Legal 500

Quotes

Senior associate Abigail Flanagan has developed a strong professional negligence practice in claims against solicitors and finance professionals, including in relation to pension matters.

Legal 500

Business news, knowledge and insight