Can auditors be held to have contributed to fraudulent trading of a company that has become insolvent?

Answers:1   |   LastUpdateAt:2012-07-04 06:32:02  

Question
Nieda
Asked at 2012-07-03 19:28:02
if a company has proceedings for fraudulent trading against it. Can an auditor of that company be held to have contributed to such fraudulent activity and are there any defences?
Answer1beechstAnswered at 2012-07-04 06:32:02
Typically , the accounts are audited by an outside agency ......
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