Question: Question 9: Audit Liability [25 MARKS] In class, we discussed the apparent shift to criminal liability for auditors and the comparative challenge of succeeding in
Question 9: Audit Liability [25 MARKS] In class, we discussed the apparent shift to criminal liability for auditors and the comparative challenge of succeeding in a civil liability case against auditors. Required: Critically evaluate whether, in your opinion, an increased risk of criminal liability for auditors may lead to behaviour changes in professional audit practice. If you believe so, why? If not, why not? As per Australian accounting standards
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