Audits Likely to Be Hit by New Litigation, Says Dla Piper ; Legal & Finance

Summary


The growing trend for litigation is increasingly impinging on company audits, a Birmingham lawyer has warned.

Russell Orme, corporate partner at DLA Piper, said many businesses would be familiar with accountants imposing limitations on their liability for services provided, such as tax compliance and financial due diligence.

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Audits Likely to Be Hit by New Litigation, Says Dla Piper ; Legal & Finance

However, until recently this was unlawful in connection with the auditing of annual reports and accounts.

Since Apri...

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