If a company continues in existence because of the negligence of the auditors then it is right

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If a company continues in existence because of the negligence of the auditors then it is right that those auditors should be responsible for its future losses as they would not have been incurred but for the negligence of the auditors. Discuss this statement with particular reference to the Cambridge Credit and Galoo cases.

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Current Issues In Auditing

ISBN: 9781853963650

3rd Edition

Authors: Michael J Sherer, W Stuart Turley

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