The judgement in the Esanda case has made it far easier for third parties to establish that a duty of care is owed by the auditor.

Question

Quizplus · Accepted Answer

The judgment in the Esanda case (Esanda Finance Corporation Ltd v. Peat Marwick Hungerfords) actually made it more difficult for third parties to establish that a duty of care is owed by the auditor, as it emphasized the need for a close relationship or proximity between the auditor and the third party.

The Judgement in the Esanda Case Has Made It Far