HeplerBroom

Accounting Malpractice

Our team builds smart, practical defenses that protect your reputation.

To the uninitiated, professional accounting may be a confusing mix of abstract terminology, detailed professional standards, complex financial instruments, and thorny problems that require judgment.

Our Accountant Liability defense team provides the steady guidance and skilled advocacy that accountants, auditors, and financial professionals rely on to protect their professional standing. We understand how professional, regulatory, ethical, and legal issues overlap.

We also know that more than just accounting standards, financial statements, and numbers are involved when your professional reputation is at stake. We have practical experience in successfully navigating claims involving accounting professionals and complex accounting and financial reporting issues.

From audit disputes to tax matters, we guide each case with care and clear communication, helping you resolve challenges and move forward with confidence. Our history of working with accounting professionals has provided us with deep experience in audit planning, independence and disclosure issues, the intricacies of dealing with management and board audit committee perspectives, and forensic fraud work. Our attorneys know how to cut through complex accounting principles, levels of service, legal and ethical standards, and regulatory requirements to achieve the strongest possible results—whether through early resolution, trial success, or disciplined negotiation with insurers, clients, and regulators.

Beyond resolving disputes, we also help accountants limit risk before problems start. We advise firms on engagement letters, client communications and privilege issues, and compliance matters to help prevent claims down the road. We also advise firms on internal contractual matters with accounting professionals and practice governance.

From the first call to the final resolution, our goal is to help you resolve challenges and move forward with confidence.

Professional Liability Risks for CPA Firms in 2026: A White Paper on the Professional Standards Implicated by Audit, Tax, Cyber, AI, M&A, and Third-Party Reliance Risk

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  • Won summary judgment for accounting firm in lawsuit alleging negligent misrepresentations in the firm’s audit work after audit company’s client defaulted on a $3.5 million loan. Judgment also disposed of negligent audit design and performance allegations against three CPAs. Central Bank of St. Louis v. Stone Carlie & Company, LLC,  18SL-CC03021 (Mo. Cir. Ct.).
  • Successfully represented public accounting firm against aiding-and-abetting and professional-liability claims in family-office fiduciary duty litigation.
  • Obtained dismissal of federal securities-fraud class-action claims stemming from SEC’s challenge to accounting treatment of environmental remediation costs. Matter ultimately required issuer to restate its financial statements.
  • Conducted internal investigation of a public company’s internal accounting practices on behalf of its audit committee.
  • Resolved claims related to international transfer-tax accounting issues.

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