Auditors' liability in the UK: The case for reform

Critical Perspectives on Accounting

Volumn 10, Issue 3, 1999, Pages 387-394

  Ward, Graham ^a  

^a Chrtd Inst of Mgmt Accountants   (United Kingdom)

Author keywords

This article seeks to identify the causes and nature of the problem of auditors' liability in the United Kingdom, argues why reform is necessary and proposes a solution: proportionate liability

Indexed keywords

EID: 0040708037     PISSN: 10452354     EISSN: None     Source Type: Journal    
DOI: 10.1006/cpac.1999.0320     Document Type: Article

References (8)

1. Andersen Arthur ., Coopers & Lybrand Deloitte & Touche, Ernst & Young KPMG and Price Waterhouse,. Liability and the Accountancy Profession: The Urgent Need for Change. 1996.
2. Feasibility Investigation of Joint and Several Liability. 1996.
3. Davis J. L.R. Inquiry into the Law of Joint and Several Liability. Report of Stage two. 1995.
4. Estey QC The Hon. W.Z. Proportionate Liability and Canadian Auditors. 1996.
5. Institute of Chartered Accountants in England and Wales Institute of Chartered Accountants in England and Wales,. Joint and Several Liability: Finding a Fair Solution. Memorandum to the Department of Trade and Industry in Response to its Consultation on the Feasibility Investigation of Joint and Several Liability of the Common Law Team of the Law Commission. 1996.
6. Mitchell MP A., Puxty T., Sikka P, Willmott H. The Auditor Liability Charade. 1994;University of East London, London.
7. Joint and Several Liability and Professional Defendants, Report of the Standing Senate Committee on Banking, Trade and Commerce. 1998;Standing Senate Committee on Banking, Trade and Commerce, Ottawa.
8. London Economics, The Economics of Audit Liability.