2005 House Bill 4124

Authorize more lawsuits against bad CPAs

Introduced in the House

Feb. 1, 2005

Introduced by Rep. Paul Condino (D-35)

To expand the list of those who can collect damages from a certified public accountant (CPA) who commits professional malpractice or negligence. Under current law, only a direct client can collect. The bill would also allow collections by a person for whose benefit and guidance the client intends to supply information, or a person who relies on the CPA’s information in a specific transaction in which the CPA intends to influence the person.

Referred to the Committee on Judiciary