THE EFFECTS OF STANDARD OF CARE ON AUDITOR ’ S LIABILITY

This study contributes to the debate by examining the legal liability implications of professional malpractices including negligence and non compliance with standards. That ' s why, we are interested in the auditor's work process to show the impact of the standards of care on his legal liability. Specifically, this study attempts to determine the minimum level of audit quality required to avoid legal responsibility for the audit failure, which is defined by the standards of care that the auditor must meet during the execution of his audit mission. These issues are investigated in the context of a auditor decision-making task, who evaluated whether an auditor should be held liable for non-compliance with standards of diligence and whether these standards are dependent on the consequences of the audit failure