Question: The auditor must exercise due care and skill before he certifies that the financial statements show a true and fair view. b)Explain the ways in
The auditor must exercise due care and skill before he certifies that the financial
statements show a true and fair view.
b)Explain the ways in which an auditor can minimize his potential liability for professional negligence (10 marks)
c)Highlight the possible defenses available to an auditor in a court of law who has been sued for failure to detect fraud in client's company.
d) In the context of the Companies Act, state the duties of an auditor.
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