Question: Auditing has changed drastically since this case. Discuss the significance of the Ultramares decision to the auditing profession. Discuss the concept of negligence as put

Auditing has changed drastically since this case.

Discuss the significance of the Ultramares decision to the auditing profession.

Discuss the concept of negligence as put forth in this case.

Discuss the differences of auditor responsibilities under SEC Acts of 33 and 34.

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