Legal Liability of Audtiors WOU Homepage对audtiors 法律责任会主页.pptVIP

Preventing Litigation Use engagement letters to prevent misunderstandings with clients Carefully assess the risk of errors and irregularities, including those indicated by weaknesses in internal control Exercise extreme care in audits of clients that have a high degree of business risk, as indicated by such factors as financial difficulties Carefully prepare and review working papers 2 2 3 3 4 4 5 5 6 8 6 9 7 10 8 11 9 12 10 4-* Chapter 4 Legal Liability of CPAs McGraw-Hill/Irwin Copyright ? 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Scope of CPA Liability Potential liabilit