New Jersey Statutes Title 2A. Administration of Civil and Criminal Justice 2A § 53A-25

(1) “Accountant” means a person who is registered as a certified public accountant pursuant to the provisions of P.L.1977, c. 144 (C. 45:2B-1 et seq.), or an accounting firm which is organized for the practice of public accounting pursuant to the provisions of P.L.1977, c. 144 (C. 45:2B-1 et seq.) and P.L.1969, c. 232 (C. 14A:17-1 et seq.).

(2) “Bank” means a State or federally chartered bank, savings bank, savings and loan association, credit union, a group of such institutions or its affiliates, subsidiaries, co-lenders, successors or assigns.

(3) “Client” means the party directly engaging an accountant to perform a professional accounting service.

(4) “Professional accounting service” includes, but is not limited to, the compilation, review, certification, or audit of, or the expression of a professional opinion or other reporting on, a financial statement or other information covering a specified period of time.

(5) “Specified transaction” means a particular transaction between a client and a claimant.

(1) The claimant against the accountant was the accountant's client; or

(2) The accountant:

(3) In the case of a bank claimant, the accountant acknowledged the bank's intended reliance on the professional accounting service and the client's knowledge of that reliance in a written communication.