The Supreme Court of Wisconsin has held that an accountant may be liable to a third party not in privity for the negligent preparation of financial statements.
Citizens State Bank v. Timm, Schmidt & Co., 113 Wis. 2d 376, 335 N.W.2d 361 (1983).
Julie E. McGuire,
Tort Law - Negligence - Duties and Liabilities to Third Parties - Accountants,
Duq. L. Rev.
Available at: https://dsc.duq.edu/dlr/vol22/iss4/19