Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN: 9781337619455
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
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Chapter 4, Problem 11RQSC
To determine

Introduction: The auditor is liable to provide accurate financial information to the third party. The liability depends on the jurisdiction of the case.

The way in which auditor’s liability towards third party differ as per Exchange Act 1933 and 1934 and the importance of H’s case.

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