Case Study

Auditors’ Liability

You work in a chartered accounting firm and your partner, Sally Smith, has asked you to do some research and write a report to update her about the potential liability that auditors face as a result of the global financial crisis. The issue arose when a neighbour mentioned to Sally at the weekend that a global accounting firm has had a class action lodged against it over the collapse of Lehman Brothers.

Required

Using the reference materials available on the internet, research the topic and prepare a report for Sally, fully referenced and up to 2500 words. Minimum of 8 academic references is to be 

The report should include title page, executive summary, table of contents, appropriate headings and sub headings, recommendations, reference list .