What legal theory is derived from the Ultramares decision? Can auditors rely on the Ultramares decision today?

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Question Posted: Oct 27, 2014 06:03 AM

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What legal theory is derived from the Ultramares decision? Can auditors rely on the Ultramares decision today?

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The Ultramares Corp v Touche case concludes that if auditors conduct the...View the full answer

Auditing and Assurance Services

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