The accountants behind this bill failed dismally as auditors.
Equitable, which is based in London, claims its accountant failed to warn it that it would need to raise money to pay pension liabilities.
While I know there is no legal recourse when an accountant fails to complete a tax return accurately, should he have offered to pay any of the accrued interest?
That software seemed to be adequate, though its internal controls on who was allowed to change fiscal entries were not activated in Roslyn, and the accountants failed to check that, he said.
Why did accountants throughout the nation fail to detect the shenanigans that triggered one of the biggest financial calamities this country has ever seen?
Months passed, she said, and nothing happened: the accountant failed to return her calls, even when the government eventually billed her $1,500 for the supposed discrepancy.
The real trouble was that the planners and accountants had failed to make provision for this work.
Having attended the first General Commissioners' hearing on 10 April 1991, the debtor and his accountant failed to appear at the adjourned hearing on 19 June 1991.
As with the petitioner, where the independent accountant has failed to exercise utmost good faith, the court may decline to hear the petition.
His accountant failed to file his tax returns properly, Mr. Biaggi explained, "when I was away."