Solved: The reasonably foreseeable user rule states that an, Accounting Basics

+44 141 628 6080
[email protected]

The reasonably foreseeable user rule states that an

Question: The Reasonably Foreseeable User rule states that an accountant is held liable to any foreseeable users of the clients financial statements. Does the rule require an accountant to "know" of their libility and/or wrong doing? If not, Is the penalty reduced for unintentional conduct?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: The reasonably foreseeable user rule states that an

Reference No:- TGS02535277

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : The utilization of a machine is 60 the effective capacity

1 the utilization of a machine is 60 the effective capacity is 80 of the design capacity find the efficiency of the

Q : Describe the differences between leadership and management

describe the differences between leadership and management how does this help in a role as a leader how could you

Q : During its most recent fiscal year dover inc had total

question during its most recent fiscal year dover inc had total sales of 3400000 contribution margin amounted to

Q : Response to a customer complaintyou are a regional manager

response to a customer complaint you are a regional manager of a movie theater chain you recently had this letter

Q : The reasonably foreseeable user rule states that an

question the reasonably foreseeable user rule states that an accountant is held liable to any foreseeable users of the

Q : For this assignment you will be required to write a

assignmentdirections research paper 20for this assignment you will be required to write a 1500-word research paper on

Q : Provide example of bending equestion stress as

provide example of bending equestion stress as

Q : A tax consultant wonders whether he should be more

a tax consultant wonders whether he should be more selective about the class of clients he serves so as to maximize his

Q : Identifydescribe at least 2 instances where the reasonable

when in doubt-- do what is reasonable not what you can get away with to avoid legal risk the reasonable standard has

1942069

Questions
Asked

3,689

Active Tutors

1426174

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Discuss patient with athsma about use of bronchodilators

You're instructing a patient with athsma about the use of bronchodilators. You should teach the patient which one?

Discuss new forms of advertising changing opdps work

How have social media and other new forms of advertising changing OPDP's work?

Observing and reporting a correctional clients behavior

Observing and reporting a correctional client's behavior is extremely important, to ensure they receive the right mental health care.

Discussion about improve patient satisfaction scores

You are trying to improve patient satisfaction scores in your hospital's emergency department. You decide to poll 40 patients a day for three weeks.

Problem concerning about the risk for stroke

Sam is concerned about his risk for his stroke since his dad died of stroke at age 57 based on the following information why would you recommend

Patient presented with acute-onset abdominal pain

You are on your 5th straight duty in the Urgent Care and you are seeing a 18 yo may who presented with acute-onset abdominal pain for 2 days.

Discuss - male with a history of moderate persistent asthma

A nurse is caring for an 8-year-old male with a history of moderate persistent asthma. He is accompanied by his mom and dad who reported