Which of the following standards is used in applying the reasonably foreseeable users test regarding accountant liability to third parties?

Question

Quizplus · Accepted Answer

The reasonably foreseeable users test regarding accountant liability to third parties is applied under the standard of negligence. This test expands the scope of an accountant's liability beyond those with whom the accountant is in privity, to include any third parties whom the accountant could reasonably foresee as users of the financial statements.

Which of the Following Standards Is Used in Applying the Reasonably