Explain the position adopted in the case of Ultramares v Touche (1931) with respect to auditors liability

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Explain the position adopted in the case of Ultramares v Touche (1931) with respect to auditors’ liability to third parties. What reason did the judge give for his decision in this case?

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Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

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Question Posted: Jan 27, 2024 11:01 PM

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Explain the position adopted in the case of Ultramares v Touche (1931) with respect to auditors liability

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Ultramares Corporation v Touche often shortened to Ultramares v Touche is an important case in US law regarding the liability of auditors to third par...View the full answer

Principles Of External Auditing

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