Bundle: Auditing: A Risk Based-Approach, Loose-leaf Version, 11th + MindTap Accounting, 1 term (6 months) Printed Access Card
Bundle: Auditing: A Risk Based-Approach, Loose-leaf Version, 11th + MindTap Accounting, 1 term (6 months) Printed Access Card
11th Edition
ISBN: 9781337734493
Author: JOHNSTONE, Karla M; Gramling, Audrey A.; Rittenberg, Larry E.
Publisher: Cengage Learning
Question
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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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