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ARTICLE · 08 AUGUST 2014

Accountants’ Exposures – A Snapshot From Clyde & Co

Welcome to the new look Clyde & Co accountants’ newsletter.

United KingdomAccounting and Audit

Welcome to the new look Clyde & Co accountants' newsletter. In this and forthcoming editions, we will look at a range of issues affecting accounting firms, with a core focus on liability and regulatory exposures. We will also consider the wider context in which firms wrestle with exposure risks (for example, the interface with employment, and the growing threat to professional services firms both in the UK and overseas from cyber liability and data breach) as well as the knock-on effects of developments affecting audit/accountancy clients.

In this first edition, in addition to introducing two key liability themes, to which we will return in future editions, we offer a practical guide for accountancy firms to the shared parental leave legislation coming into force next year, accompanied by a digest of some recent cases of the last 12 months in the core areas of liability, regulation and tax.

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