explain the laibilities of company auditor
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Civil Liability: Liability for Negligence: Negligence means breach of duty. ...
Liability for Negligence: Negligence means breach of duty. An auditor is an agent of the shareholders. ...
Liability for Misfeasance: Misfeasance means breach of trust.
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Thє nαturє σf líαвílítíєs σf αn αudítσr ís díscussєd вєlσw:
- cívíl líαвílítч: líαвílítч fσr nєglígєncє: nєglígєncє mєαns вrєαch σf dutч.
- líαвílítч fσr nєglígєncє: nєglígєncє mєαns вrєαch σf dutч. αn αudítσr ís αn αgєnt σf thє shαrєhσldєrs.
- líαвílítч fσr mísfєαsαncє: mísfєαsαncє mєαns вrєαch σf trust.
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