Chartered Accountants are expected to demonstrate the highest standards of professional conduct and play a vital role in ensuring public trust in financial reporting and business practices.

Mistakes by accountants can cause significant financial loss. When financial mistakes are discovered or suspected or, if there is a dispute about the numbers, our specialist solicitors can bring a range of technical skills and experience to assist in such work.

We take a proactive approach to each case collecting all necessary information as quickly as possible in order to establish the likely outcome of your claim and the best course of action to take. We will then obtain the evidence required to drive the case forward to achieve the best possible result in the shortest possible time.

Our specialist solicitors have many years experience investigating, quantifying and dealing with claims quickly and decisively. We can recommend or facilitate constructive strategies to resolve the issues and recover your loss whether it be by way of mediation, arbitration or litigation through the Courts.

Our professional negligence team have achieved successful outcomes in cases involving :

• Failure to correctly draw up accounts
• Failure to file accounts in time
• Negligent advice concerning accountancy matters
• Inheritance tax planning claims
• Incorrect advice in relation to tax saving schemes

All negligence claims are subject to time limits and it is therefore important that you do not delay in making your claim as soon as you know that something has gone wrong. In most professional negligence claims you have 6 years to issue court proceedings.

Time limits can be extremely complicated and mistakes by solicitors about time limits often give rise to a large number of claims. As a general rule, the 6 year period starts running from the date that your professional advisor was negligent or the date you suffered loss. However, if you can show that you were not aware that your professional adviser had been negligent until after the date of negligence, you may be entitled to more time.

It is not always easy to calculate the time limits in professional negligence claims and it is therefore important that you obtain prompt legal advice as soon as you discover that you may have a negligence claim.

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