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Unformatted text preview: 1. Farmers trying to buy wheat that get together to do it at a cooperative 2. Buy or sell anything at an economic advantage Chapter 51 Ordinarily Prudent 1. Familiar with generally accepted accounting principles (GAAP and GAAPS) p 1049 What is liability? 1. Bottom of page 1049 2. Accountant is not required to identify everything Opinion Letters 1. Bottom of page 1049 Attorneys Duty of Care 1. Standard of Care 2. Misconduct 3. Liability for Malpractice Restatement Rule p1055 P1055 Sarbanes-Oxley Act of 2002 Done b/c of Enron P1056 (concept Summary) Liability to third parties -...
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This note was uploaded on 04/04/2011 for the course BLAW 3312 taught by Professor Charlesmiller during the Spring '11 term at UT Arlington.
- Spring '11
- Business Law