Critically evaluate, in relation to the common law duty of care, the liability of accountants for negligent mistakes made when producing accounts. Does their liability differ depending on whether the mistake understates profits (or overstates losses) compared to the situation where the mistake overstates profits (or understates losses)?
Critically evaluate, in relation to the common law duty of care, the liability of accountants for negligent mistakes made when producing accounts. Does their liability differ depending on whether the mistake understates profits (or overstates losses) compared to the situation where the mistake overstates profits (or understates losses)?
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