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Professional negligence claims against accountants

Professional negligence

It is reasonable to expect that when you use an accountant they will provide sound professional advice and keep your finances in order. However, this is not always the case. If you have received poor advice or suffered financial loss because of their actions, you may be able to claim compensation. In which case, an expert professional negligence lawyer can help you recover your losses. 

Has my accountant been negligent? 

Some examples of negligence include incorrectly assessing tax liability, making accounting errors, providing incorrect advice, failing to identify tax exemptions, or providing information based on their own personal interest. 

There are many other circumstances in which an accountant may have been negligent. If you believe that you may have a claim, you can speak to Shine Lawyers professional negligence team on an obligation free basis. 

Making a claim for accountant negligence 

To successfully sue an accountant for negligence, you need to prove three things: 

  1. Your accountant owed you a duty of care, 

  2. They didn’t do their job in accordance with professional standards, and 

  3. As a result, you have suffered a financial loss 

What is a Duty of Care? 

The Accounting Professional & Ethical Standards Board regulates Australian Accountants and states that all member accountants must adhere to the fundamental principles of maintaining professional competence and due care. 

They have a duty to act ethically and professionally in accordance with your best interests. In addition, your accountant’s advice needs to comply with the standards of their professional peers and to a standard expected by the law. 

Do you have a case?  

We’re here to make the legal process as simple and stress-free as possible.

How Shine can help

We have helped thousands of Australians right wrong and access more than $1 billion per year in entitlements and compensation through our expert services.

95% of the cases we represent are settled without the stress of going to court.

With our 1000+ workforce and business maturity, we have the scale, expertise and agility to take on the tough cases and win. 

We are ready to take action and hold negligent professionals to account to right wrong. 

FAQs

Can I represent myself, or do I need a lawyer for negligence?

Self-representation is an option, but not an option we recommend to ensure a successful outcome. It requires a thorough understanding of the law, your legal rights, and entitlements, plus a lot of time and effort on your behalf to successfully move your case forward.   

Most people choose not to act for themselves and instead engage experienced professional negligence lawyers who are experts in their field and can provide the knowledge and experience required to guide a case to a successful outcome. 

Why trust Shine to be my professional negligence lawyers?

Here at Shine, we put you first. We’ve been standing up for the rights of everyday Australians for over 45 years. As one of Australia’s largest litigation law firms, we are here to support you, guide you and stand with you as you seek the justice you deserve.   

Our empathy, understanding and expertise is how we stay ahead of the pack and you can feel secure knowing we have your back from start to finish. 

Where are the professional negligence lawyers from Shine located?

Access to justice is important to us, and when it comes to Shine, location is no barrier. We can easily arrange an obligation-free virtual or over the phone appointment. No matter where you are located, we will always provide the same, expert advice and manage your claim with the same level of quality and commitment. 

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