Limiting Professional Liability

Steve John

Chapter 7 in The Persuaders, 2002, pp 157-185 from Palgrave Macmillan

Abstract: Abstract Accountants campaigned to change the law on professional liability to reduce risks for both firms and partners. The issue was technical, non-political and had a low public profile. The campaign to limit professional liability began in 1978, but this chapter focuses on the big firms’ involvement since the campaign’s concerted yet inconspicuous relaunch in the early 1990s. Though liability was a most important issue for accountants, debate was restricted to journals and technical sections of national broadsheets. This campaign has not previously received attention.

Keywords: Audit Firm; Special Adviser; Accountancy Profession; Select Committee; Liability Issue (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-0741-7_7

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DOI: 10.1057/9781403907417_7

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