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3149 REVIEW DENIED An accountant who prepares, as well as audits, a client's financial records, owes to all third parties who reasonably and foreseeably rely on the financial records, the audit, or both, a duty to avoid negligent misrepresentation.CitationNUTMEG v MCGLADREY & PULLEN (Fraudulent Audit) 92 CA4 1435 [See: Bily v Arthur Young 3 C4 370, T/AT 11/92] |
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