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.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below a The auditor must exercise due care and skill before he certifies that the financial statements show a true and fair view b An auditor can ... View the full answer