Introduced by Rep. Paul Condino D- on February 1, 2005
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. Official Text and Analysis.
Referred to the House Judiciary Committee on February 1, 2005