Amyloidosis is a group of diseases that are a consequence of abnormal protein deposits in various tissues of the body. These abnormal proteins are called amyloid.
DEFINITION of 'Accountant's Liability'. An accountant's legal liability while performing professional duties. An accountant is liable for a client's accounting misstatements. This risk of being responsible for fraud or misstatement forces accountants to be knowledgeable and employ all applicable accounting standards.
Probably the most accepted accounting definition of liability is the one used by the International Accounting Standards Board (IASB). Regulations as to the recognition of liabilities are different all over the world, but are roughly similar to those of the IASB.