1 Dec 2014 · The appellants, HM and MF, were shareholders in NGA. Ernst & Young (EY) was the long-standing auditor for both companies. In 1984, both
-- This appeal arises by way of motion for summary judgment. It concerns the issue of whether and when accountants who perform an audit of a corporation's
Liability of Auditors -Hercules Managements Ltd. et al v. Ernst & Young et Bamford. The issue of whether an auditor's duty of care extended to shareholders or.
comm 393 hercules managements ltd. ernst young case briefs [1997] scr 165, Several investors in NGA brought action against the auditors alleging that audit.
260 CaseComments Commentairesd'arrêt LiabilityofAuditorsHercules ManagementsLtd. etalv. Ernst&Youngetal. MichaelE. Deturbide* Introduction
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Whether there were contracts between the shareholders and the auditors 2. Whether the auditors owed Hercules and Freed a duty of care a. Where a prima
Also, the Audit Committee has oversight responsibility for the performance of Hercules' internal audit function and compliance with legal and regulatory
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