Brussels study backs placing a cap on auditor liabilities

The Big Four accounting firms will gain a boost in their campaign for protection from ruinous damages claims when the European Commission unveils a study 4 October 2006 that argues for a cap on auditors' financial liabilities.

European Commission: DG Internal Market and Services: Business environment: Auditing: Auditors liability http://ec.europa.eu/internal_market/auditing/liability/index_en.htm

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