Business, Management and Accounting
8 years ago

Legal liability in accounting shifts towards fault-based imputation principle.

Journal of Guizhou College of Finance and Economics
On the Imputation Principle for Legal Liability in Accounting
Zhang Zhong-min

Paper Summary

The article discusses how legal liability in accounting is determined by the imputation principle, which has shifted from fault to no-fault liability. Due to the nature of the accounting profession, reverting to fault liability is seen as the best choice for legal liability in accounting.

Related papers

Theme background image
Social Sciences
5 years ago

International Liability for Damage: Embracing Diversification for Global Accountability.

Criminal Law
Environmental Law
1 view
Theme background image
Social Sciences
8 years ago

State Indemnity Law Replaced with Principle of No-Fault Liability

Criminal Procedure
1 view
Theme background image
Social Sciences
8 years ago

Equitable Liability Principle: Redefining Tort Liability for Greater Justice.

Corrective Justice
Criminal Procedure
Online Dispute Resolution