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Expert witness liability






         • Elements necessary to prove professional negligence

              1. There must be a duty to exercise professional care.

              2. There must be a breach of the duty.

              3. There must be a causal relationship between the breach of duty

                    and a resulting injury.

              4. There must be an actual loss or damage.

         • Two options to manage the risk of professional negligence lawsuits


            – Professional liability insurance
            – Obtain indemnity from the retaining client or attorney
         • Witness immunity does not protect from court sanctions or sanctions

            by professional organizations.




         7 7  © 2019 Association of International Certified Professional Accountants. All rights reserved.
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