Cereal Byproducts Co. v. Hall

JUDGE NIEMEYER

delivered the opinion of the court.

Plaintiff appeals from a judgment for defendants entered after trial by the court without a jury in its action for damages resulting from the alleged negligence of defendants, certified public accountants, in auditing the books of plaintiff for the year 1947.

From the year 1932 through 1949 the accounting firm in which the defendants are the present partners made an annual audit of plaintiff’s books and prepared its federal income tax returns. From 1936 the defendant Penny was in charge of these audits. From March 1941 to and including February…