The key difficulty for third parties in successfully claiming against the auditor is establishing that the client's management contributed to the third party's loss.

Question

Quizplus · Accepted Answer

The key difficulty for third parties in successfully claiming against the auditor is establishing a duty of care owed by the auditor to the third party, as auditors primarily owe a duty to their client (the entity being audited), not to third parties.

The Key Difficulty for Third Parties in Successfully Claiming Against