Auditing Assurance & Services Individual Assignment-
Research Question - Auditors' Liability
You work in a chartered accounting firm and your partner, Sally Smith, has asked you to do some research and write a report to update her about the potential liability that auditors face as a result of the global financial crisis. The issue arose when a neighbour mentioned to Sally at the weekend that a global accounting firm has had a class action lodged against it over the collapse of Lehman Brothers.
Required - Using the reference materials available on the internet, research the topic and prepare a report for Sally, fully referenced and up to 2000 words. Minimum of 10 academic references is to be.