Tag: Liabilities of Auditors

Liabilities of an auditor for negligence If a person suffers a loss or damage due to professional negligence of the auditor, an action can be initiated by such

Criminal Liabilities of an Auditor under Companies Act The following are the criminal liabilities of an auditor under companies act 1. For False Records Section 539 of Companies

Civil Liabilities of an auditor Civil liabilities of an auditor are briefly explained under the following topics Liability for Negligence. Liability under Companies Act. Liability under Consumer Protection