Under tort law,the claimant must prove both that a loss was suffered and that the auditor caused that loss,before a claim against the auditor can be successful.

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This is a basic principle of tort law, where the claimant (i.e. the person bringing the lawsuit against the auditor) must establish both the existence of a loss and the auditor's responsibility for that loss in order to win the case. This concept applies to all types of tort cases, including those involving accounting and auditing malpractice.

Under Tort Law,the Claimant Must Prove Both That a Loss