Question: Case 8 - 4 Anjoorian et al . : Third - Party Liability The defendants argued in the case that, in order to find a

Case

8 - 4

Anjoorian et al

.

: Third

-

Party Liability The defendants argued in the case that, in order to find a duty to third parties, an accountant must have contemplated a specific transaction for which the financial statement would be used, and that no such transaction was contemplated here.

Do you agree with this statement from the perspective of an auditor

s third

-

party liability? Why or why not?

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