|Module Title||THE LEGAL ASPECTS OF THE AUDITOR'S ROLE|
|Co-ordinator||Professor David Gwilliam|
|Semester||Intended For Use In Future Years|
|Next year offered||N/A|
|Next semester offered||N/A|
|Course delivery||Lecture||20 Hours|
This is a specialist module which focuses on the legal environment within which external audit is conducted in the UK. Questions as to what constitutes the exercise of reasonable skill and care are discussed within the context of the conomic theory of efficient negligence rules. Specific legal issues relevant to auditors are also addressed, in particular the applicability of contributory negligence, the role of exclusion clauses and disclaimers, and the arguments for and against a statutory limitation on auditor liability.
The current year's module outline can be found via The School's website