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Auditing. Please, answer the following questions: 1. Explain why the potential liability of auditors for professional malpractice exceeds that of physicians or other professionals. 2.
Auditing. Please, answer the following questions: 1. Explain why the potential liability of auditors for professional malpractice exceeds that of physicians or other professionals. 2. Distinguish between ordinary negligence and gross negligence within the context of the CPAs work. 3. Compare auditors common law liability to clients and third-party beneficiaries with their common law liability to other parties.
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