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Legal Responsibilities of Auditors and Consultants

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Could someone help me with discussing the concepts on the legal and professional responsibilities of auditors, consultants and securities professionals insofar as what they will need to do to be able to comply with the law and avoid claims for malpractice and criminal liability?

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Could someone help me with discussing the concepts on the legal and professional responsibilities of auditors, consultants and securities professionals insofar as what they will need to do to be able to comply with the law and avoid claims for malpractice and criminal liability?

Laws are in place that require an auditor to be knowledgeable about the business he or she is auditing. Once the knowledge factor is complete, the auditor's work begins.

The auditor's duties include making inquiries about management practices within ...

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