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 3RQSC
To determine

Concept introduction:

Auditor’s liability:

An auditor can be held liable under common law, contract law, and statutory law. 

To indicate: The difference between the development of common law and statutory law.

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