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Accounting > Negligence
The following information is about Negligence.
Negligence Defined
The omission to do something which a reasonable man, guided by those ordinary considerations which ordinarily regulate human affairs, would do, or the doing of something which a reasonable and prudent man would not do. Negligence is the failure to use such care as a reasonably prudent and careful person would use under similar circumstances; it is the doing of some act which a person of ordinary prudence would not have done under similar circumstances or failure to do what a person of ordinary prudence would have done under similar circumstances. The term refers only to that legal delinquency which results whenever a man fails to exhibit the care which he ought to exhibit, whether it be slight, ordinary, or great. It is characterized chiefly by inadvertence, thoughtlessness, inattention, and the like, while "wantonness" or "recklessness" is characterized by willfulness. The law of negligence is founded on reasonable conduct or reasonable care under all circumstances of particular care. Doctrine of negligence rests on duty of every person to exercise due care in his conduct toward others from which injury may result.
This definition is in context to Accounting. See more contextual defintions for Negligence.
Price Waterhouse faces ICAI probe
Published January 8, 2009, 4:45 am, Business Standard India
The Institute of Chartered Accountants of India (ICAI) has initiated investigation into the role played by Price Waterhouse — the statutory auditor for the Hyderabad-based software services firm Satyam Computer Services — on a ‘suo motto’ basis ie based on information available in the public domain.
Litigation and Arbitration
Published January 7, 2009, 11:15 pm, Mondaq
As the economy slowed in 2008, litigation departments became increasingly busy. Demand for litigation has traditionally been counter-cyclical.
Financial power list 2009
Published January 7, 2009, 4:33 pm, Accountancy Age
Last year’s Accountancy Age Financial Power List was somewhat overtaken by events, but our predicted biggest players over the year had some part to contribute.
Auditors face the music
Published January 7, 2009, 2:15 pm, The Telegraph
Mumbai/Delhi, Jan. 7 : The Institute of Chartered Accountants of India (ICAI) will not spare the auditors of Satyam Computer Services if they are found to be guilty. It could even debar them from the profession.
ICAI for severe punishment
Published January 7, 2009, 2:12 pm, The Hindu
NEW DELHI: The Institute of Chartered Accountants of India (ICAI) on Wednesday declared that any member found guilty in the financial wrongdoings by Satyam Computer Services would be punished severely and the errant auditors could even be ...
PricewaterhouseCoopers hides behind client confidentiality
Published January 7, 2009, 11:38 am, The Hindu
Mr Ved Jain , President, ICAI (file photo).
When a management is intent on committing fraud"¦
Published January 7, 2009, 11:37 am, The Hindu
Of all the people, auditors — both internal and external — are guilty of gross negligence and dereliction of their duty, and the independent directors on the board of lack of adequate oversight.
Signed pact may extend deadline in hospital suit
Published January 7, 2009, 12:08 am, Ventura County Star
A judge has agreed that Community Memorial Hospital missed the deadline for filing a sweeping fraud lawsuit against its former accountants but suggested the Ventura-based institution might be able to prove otherwise in a new court filing.
Mother of teen struck by two vehicles reaches settlement
Published January 6, 2009, 8:02 pm, The Joplin Globe
The mother of a Joplin High School student who died after he was struck by one vehicle and run over by a second four years ago has reached a settlement with one of the defendants in her wrongful-death lawsuit.
33 left Fernley homes for good after flood
Published January 5, 2009, 6:41 pm, Daily Sparks Tribune
FERNLEY — The leader of a recovery team that helped victims of a flood in Fernley one year ago says about 33 families have completely left their houses out of the 585 homes in the path of the flood.
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Off-site Negligence Links, User Submitted
The following links have been collected through user bookmark submission in the Negligence category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Wed Jan 7
- Medical Negligence: For that peace of mind!
- Phillies' Romero suspended, says it's not fair: While Major League Baseball never said J.C. Romero tried to cheat, the 33-year-old reliever who won the third and clinching games of the 2008 World Series has been ruled guilty of "negligen ce" and will be suspended for the first 50 games of the 2009 season.
Sun Dec 28
- Medical Negligence Lawyer Help: This site is dedicated to helping people find the medical negligence lawyer help they need. It is especially for medical negligence cases in nursing homes and assisted living facilities.
Fri Dec 12
- Mentally ill man, subject of 'patient dumping' charge, is missing: Steven Davis of Norwalk was taken from O.C. hospital to L.A.'s Skid Row last month.
Wed Dec 10
- Erbs Palsy - Online Lawyer Source: Erbs Palsy happens during birth and causes damage to the brachial plexus of a baby. Few babies recover after they have developed Erbs Palsy, the rest of them are permanently affected of this horrible condition. Most of the times medical negligence during birth is the cause of Erbs Palsy.
- legal-steriods .clombio.com
Mon Dec 8
- Community Legal Advice: Find high quality legal advisers or solicitors near you
If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Negligence. If you would like to find related tags we recommend Tag Patterns > Negligence
Off-site Negligence Research Links
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