Refer to the case facts presented in number 4-32. a. What defenses are available to an auditor

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Refer to the case facts presented in number 4-32.
a. What defenses are available to an auditor when charged with negligence under common law?
b. Which defense is the auditor most likely to use in this case? Explain.

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Auditing and Assurance Services Understanding the Integrated Audit

ISBN: 978-0471726340

1st edition

Authors: Karen L. Hooks

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Question Posted: Jan 21, 2015 10:28 AM

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Refer to the case facts presented in number 4-32. a. What defenses are available to an auditor

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a The most common defense to a negligence claim is that the auditor acted in a professional manner This defense asserts that the auditor followed PCAOB or AICPA auditing standards Another phrase often ...View the full answer

Auditing and Assurance Services Understanding the Integrated Audit

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