How does the auditors liability to third parties differ under the 1933 Act and the 1934 Exchange

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How does the auditor’s liability to third parties differ under the 1933 Act and the 1934 Exchange Act? What is the importance of the Hochfelder case as it relates to the 1934 Act?

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Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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Question Posted: Sep 22, 2014 07:59 AM

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How does the auditors liability to third parties differ under the 1933 Act and the 1934 Exchange

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Under the 1933 Act the auditor is liable to third parties for fraud gross negligence and neglige...View the full answer

Auditing a risk based approach to conducting a quality audit

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