Posted: May 24th, 2017

The Fund of Funds case illustrated that auditors could be found liable for failure to report wrong-doings discovered:

The Fund of Funds case illustrated that auditors could be found liable for failure to report wrong-doings discovered:

A. on any type of engagement for a particular client.

B. even on engagements for other clients.

C. only on audit engagements for a particular client.

D. only on special fraud audits conducted under separate contract.