| Journal Call no. | HD28.H64 |
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| Author | Majid, Abdul. |
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| Article Title | Auditors' liability for client fraud, other irregularities and errors : a legal and empirical note / Abdul Majid and Marian Tong. |
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| Is Part Of | Hong Kong journal of business management ; v.14, 1996, p.69-80. |
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| Abstract | This paper attempts to fill the gap which means the existence of material client misstatements by presenting some empirical data on Hong Kong auditors' perceptions of the relative importance of the "signals" in detecting material client misstatements. The empirical data is presented in the context of the auditor's professional responsibility and legal liability for the detection and investigation of material client misstatements. Accordingly, this paper incorporates a brief statement of the extent to which the law of Hong Kong imposes upon the auditor the duty to detect material client misstatements. It also addresses the implications of the inclusion of the "signals" in the Auditing Standards on the auditor's legal liability to investigate material client misstatements. |
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