Sox First

Already the signs aren't looking good, and accountants should start to worry.

With the credit crisis, the number of securities class actions has nearly doubled this year, according to NERA Economic Consulting.

Now Accountancy Age reports that insurance broker Marsh is warning that the global crisis will increase litigation against accountants.
The global crisis has hit everyone hard, but the currency forex trading markets have suffered considerably with the unpredictable trends.

• Accounting fee growth slows
• Updating accountants
• Global crisis creating turmoil
• Cheap oil and global risk
• A new banking crisis
• The global food crisis
• Subprime crisis drives litigation