In this Part 2, barrister and Chartered Banker Jacob J Meagher discusses the impact and application of the “Audit Duty” on professional service firms (PSFs) and others, as expressed in Rihan v Ernst & Young [2020] EWHC 901 (QB).
1 JAN 2024In Part 1 of this two-part article, barrister and Chartered Banker Jacob J Meagher analyses the legal basis of the novel “Audit Duty” using Rihan v Ernst & Young [2020] EWHC 901 (QB) as a case study. In Part 2 he discusses the uncertainties related to the scope and application of the “Audit Duty”, in particular to professional service firms more widely.
1 NOV 2023