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    Ultramares doctrine for accountants

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    Do you agree with the Ultramares doctrine? Or should a different standard for assessing accountants' liability be used?

    Business Ethics: Should an accountant's ethical duty parallel the Ultramares doctrine?

    Contemporary Business: Do you think accountants favor the Ultramares doctrine of liability to third parties?

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    https://brainmass.com/business/business-ethics/ultramares-doctrine-for-accountants-414472

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    Do you agree with the Ultramares doctrine? Or should a different standard for assessing accountants' liability be used?

    I agree with the Ultramares doctrine because I assume that the accountants are honest and upright. Under the Ultramares doctrine, the accountant is liable only for negligence to third parties who are in privity of contract or privity like relationship with accountant. This doctrine gives the narrowest standard for ...

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