Independent Contractors Accountants Law and Legal Definition
In the wake of recent corporate scandals, there is heightened regulation and scrutiny of accounting firms' practices. Accountants often form professional corporations and are usually hired on an independent contractor basis. Accountants are subject to ethical obligations and must meet certain accepted standards of practice in accounting. Failure to meet the applicable regulations and standards can subject accountants to actions by clients and regulatory agencies, such as the Securities and Exchange Commission.
Legal Definition list
- Independent Contractor (Gaming Law)
- Independent Contractor
- Independent Agent (Gaming Law)
- Independent Agent
- Independent Agency
- Independent Contractors Accountants
- Independent Contractors Appraisers
- Independent Contractors Consultants
- Independent Contractors Distributors
- Independent Contractors Engineers
- Independent Counsel
Related Legal Terms
- Accountants
- Accountants Opinion
- Accountants Professional Liability Insurance
- Acts of Independent Significance
- Adequate and Independent Decision
- American Institute of Certified Public Accountants [AICPA]
- Center for Independent Living
- Certified Public Accountants
- Commodity-Independent Component
- Commodity-Independent Value