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April 2008

The Accountant/Attorney Liability Reporter

Inside this issue:

Deductibility of Investment Advisory Costs for Estates and Trusts After Knight
By Cheryl A. Waterhouse, Esq.

Accountants Prevail in Enforcing Limitation of Liability Clause in Engagement Letter
By Nicholas A. Ogden, Esq.

The Importance of Defining the Scope of the Engagement
By Cheryl A. Waterhouse, Esq.

Work Product Doctrine Protection for Tax Accrual Papers on Appeal
By Mark D. Szal, Esq. & Cheryl A. Waterhouse, Esq.

Auditor May Be Primarily Liable for Securities Fraud for Failure to Correct False or Misleading Financial Opinions
By Douglas M. Marrano, Esq.