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(Download) "Idaho Bank & Trust Co. v. First Bancorp" by Supreme Court Of Idaho # eBook PDF Kindle ePub Free

Idaho Bank & Trust Co. v. First Bancorp

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eBook details

  • Title: Idaho Bank & Trust Co. v. First Bancorp
  • Author : Supreme Court Of Idaho
  • Release Date : January 26, 1989
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 60 KB

Description

This case presents the question of the liability of a certified public accounting firm to a person not a party to the auditing contract. Main Hurdman contracted with First Bank & Trust to examine and give an opinion on the financial statements of First Bank & Trust. That audit was completed and an opinion provided to First Bank & Trust. At a later time, as a result of a buy out, Bancorp gained control over First Bank & Trust. In connection with that transaction, Bancorp obtained a loan from Idaho Bank & Trust. In connection with that loan, Bancorp provided Idaho Bank & Trust with the aforesaid audit report prepared by Main Hurdman.


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