Civil and Criminal Liability of Accountants in Joint Stock Companies

Abstract

Given the vast legal powers of the auditor in the control of the company, it made sense to arrange responsibilities so as not to exceed the limits of its functions and not to use them to the detriment of the project and investors. Its violation of the terms of the agreement or its commitment to a law leads to its civil liability and the order of a civil sanction intended to repair the damages caused. However, if it exceeds a rule of imperative or criminal law under which the law establishes a criminal sentence that entails criminal liability.