ADMS 2610 Chapter Notes - Chapter 6: Fiduciary, Professional Negligence In English Law, Accountant
9 Apr 2016
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Professional: a person with special skills not possessed by most individuals. An important number of characterisics disinguish the professional from other service providers. The oversight body must also have the authority to revoke the professional designaion from persons who fail to maintain the standards of performance for the profession. In order to ensure that the public is protected, legislatures have passed legislaion for the establishment of professional associaions to control and regulate their members. Most of the professional associaions have established standards of competence for their members, and these are usually set out as a set of rules of conduct. These standards are oten referred to by the courts in cases where a professional is accused of negligence in the performance of professional services. Look at page 100 to see an example. The professional-client relaionship is usually created by a contract between the professional and the client.
