We think you are in Victoria. If not please click 'Change'

In your state, you are required to confirm you wish to access this information. Please enter 'QLD' or 'WA' in the field below to continue.

No thanks

Professional Negligence Claims Against Accountants

Shine Lawyers building | Shine Lawyers

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.

No win no fee lawyers

Shine Lawyers operate on a No Win No Fee basis, so you only pay our legal fees if you are successful in your accountant negligence case.

To find out if you have a claim or understand more about the process, get in touch with our team today.

Related information

Latest from the blog

Stay safe on the roads this Easter: Weird and wonderful Australian road rules
March 22, 2018

Stay safe on the roads this Easter: Weird and wonderful Australian road rules

Every year, Aussies seize the chance to visit family, go on holidays and take day trips over the Easter weekend. However, these joyful activities mean busier roads and unfortunately, a sobering road toll. More than 75% of Australians believe the roads are more dangerous during the Easter period. So as the long weekend approaches, there […]

Read more
Thinking about volunteering? Know your rights and responsibilities

Thinking about volunteering? Know your rights and responsibilities

Every year thousands of Australians support their community by volunteering with a wide range of organisations. Unlike paid staff, volunteers aren’t covered by awards or workplace agreements. However they still have important rights and protections from mistreatment. What is a volunteer? Although there is no legal definition of a volunteer in Australia, Volunteering Australia defines […]

Read more
Celebrating Harmony Day: Respecting cultural diversity at work
March 20, 2018

Celebrating Harmony Day: Respecting cultural diversity at work

March 21 is Harmony Day. A celebration of Australian multiculturalism, the day coincides with the United Nations International Day for the Elimination of Racial Discrimination. On this day, schools, workplaces and communities come together to celebrate our multicultural country. We’ve been doing so since 1999 and have held more than 70,000 Harmony Day events throughout […]

Read more
See more from the blog

Enquire now