Principles of Auditing & Other Assurance Services (Irwin Accounting)
Principles of Auditing & Other Assurance Services (Irwin Accounting)
20th Edition
ISBN: 9780077729141
Author: Ray Whittington, Kurt Pany
Publisher: McGraw-Hill Education
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Chapter 4, Problem 34P

a.

To determine

Discuss the theories of liability as to the basis for recovery that R can present against the auditors.

b.

To determine

Discuss whether R will recover only if ordinary negligence is proved against W, the auditors.

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