Question

Under the _____, an accountant's silence when the accountant thinks he or she might have discovered fraud is enough to constitute aiding and abetting.

Answer 1

Under the Private Securities Litigation Reform Act (PSLRA), an accountant's silence when the accountant thinks he or she might have discovered fraud is enough to constitute aiding and abetting.
According to PSLRA, a silence during a finance investigation indicates that the accountants are hiding something. Even though these accountants may have not directly involved with the fraud, they may be considered as criminals for aiding the crime