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PRODID:-//Skillfull//Content Partner Calendar//EN
CALSCALE:GREGORIAN
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UID:underwriting-agencies-council-uac-ical-29eb66a2f4dd1d7901c568a2c21f2a3e
 @skillfull.com
DTSTAMP:20260923T003929Z
DTSTART:20261022T010000Z
DTEND:20261022T020000Z
SUMMARY:Accounting Professional Liability: Current Claims Experience and Fu
 ture Risk Trends
DESCRIPTION:Presenter: Bridget Wall – Partner Professional indemnity clai
 ms against accountants remain a significant and evolving source of exposur
 e for underwriters. This session provides a focused\, practical review of 
 the case law and regulatory developments affecting the accounting professi
 on over the past 18 months. Rather than a general professional indemnity o
 verview\, the entire session is dedicated to accountants. The session will
  cover the duty and standard of care owed by accountants and auditors\, re
 cent judgments on liability for tax\, valuation and audit-related advice\,
  the interaction between negligence and misleading or deceptive conduct cl
 aims\, proportionate liability considerations\, accessorial liability and 
 current regulatory settings (including relevant ASIC enforcement prioritie
 s\, the professional standards schemes and the recent joint parliamentary 
 committee into the financial services sector). By the end of the session\,
  attendees will be able to: Identify the key themes emerging from Australi
 an case law on accountants’ professional negligence over the past 18 mon
 ths. Explain how courts have approached the scope of an accountant’s or 
 auditor’s duty of care in recent judgments\, and the practical effect on
  liability outcomes. Recognise the most common sources of accountants’ P
 I claims currently before the courts (including audit\, tax advice\, and v
 aluation-related matters) and the factors driving them. Understand how pro
 portionate liability principles are being applied in claims involving acco
 untants\, and the implications for exposure and settlement strategy. Descr
 ibe current regulatory settings affecting the profession\, including relev
 ant ASIC enforcement priorities and the professional standards schemes tha
 t commenced in 2025. Registrations: Accounting Professional Liability: Cur
 rent Claims Experience and Future Risk Trends
URL:https://uac.org.au/event/accounting-professional-liability-current-clai
 ms-experience-and-future-risk-trends/
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