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I am just reading in Kaplan textbook (under the law of torts) as follows;
”Lack of training.. of the defendant are not relevant. Therefore, the standard skill expected from a trainee accountant is the same as that of any reasonable accountant”
I think you mentioned in one of the lessons (maybe it wasn’t under the law of tort) that the level of care expected from a young inexperienced trainee accountant is NOT the same as expected from an experienced fully qualified accountant.
So what is correct?
That’s a tricky one to interpret. The standard of skill expected of ANY professional is such a degree of skill as might reasonably be expected of that professional
With reference to trrainees, I believe what the Kaplan statement is probably referring to is the liability for negligence of a member resulting from the negligent work of a trainee working for that member
In that situation, the member (who employs the trainee) cannot use the ‘excuse’ that the trainee was lacking in professional skills because they were still in training
Of course that’s an invalid defence. The member should have reviewed the work of the trainee before releasing advice based on that trainee’s work
Here’s a link from a Guidance Note issued by ACCA
Hope it helps
of course it helps!
(besides the link, which is not active…)
ACCA Guidance Note (PDF) Accountants’ Liability for Negligence
in your browser
Wow! What a useful article!
Yes, it is isn’t it!