Boekhoudrecht


Recent trends in auditors' liability

Recent trends in auditors' liability
15/06/2011

Auditors are increasingly involved, in various ways, in the running of companies. Four types of activities can be distinguished: (i) general statutory duties entrusted to auditors by law (e.g. the duty to audit corporate financial statements and issue an opinion on the fairness and accuracy of these statement); (ii) specific statutory duties; (iii) contractual duties (assumed through agreements with clients); and (iv) judicial assignments (e.g. when the auditor serves as a court-appointed expert or manager of a distressed company).

Read more

Click here to see the ad(s)

LexGO Network