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Royal Bank of Scotland v Bannerman Johnstone Maclay

The Royal Bank of Scotland v Bannerman Johnstone Maclay case in 2005 had a significant impact on the treatment of auditor liability. On this page you can find articles, books and online resources providing commentary on the case and the issues surrounding it.

The case

Full text of the opinion in RBS v Bannerman issued by the Scottish Courts on 23 May 2005, following a reclaiming motion and cross-appeal.

Other relevant cases

  • Barclays Bank PLC v Grant Thornton UK LLP (2015)

    Full text of a more recent judgment of the High Court in England, which has since provided helpful guidance. The case related to the effectiveness of a Bannerman-type clause disclaiming responsibility in an audit report Grant Thornton had prepared.

ICAEW resources

Bloomsbury Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.


The Library & Information Service provides a collection of eBooks as a benefit of membership. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com.

Articles and books in the ICAEW Library collection

The collection of the ICAEW Library & Information Service includes a range of articles and books on the Bannerman case and the issues surrounding it. A selection of titles covering this topic is set out below.

More articles and books

To find out how you can borrow books from the Library please see our guide to borrowing books.

You can obtain copies of articles or extracts of books and reports through our document supply service.

Can't find what you're looking for?

The ICAEW Library can give you the right information from trustworthy, professional sources that aren't freely available online. Contact us for expert help with your enquiries and research.


ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.

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