... by the Law.> Analysis of liability of Accountants & Auditors under common law & Trade Practices Act: - In this section we will be comparing history of law in relation to professional advisors with recent changes in law regarding negligent action and duty of care owed to them. We will be referring landmark cases to show how law has enhanced the responsibility of professionals in relation to the duties they perform.> Corporations being more vary of liabilities under Trade Practices Act than under common law: - In this section we will analyze how a corporation be more vary about its liabilities under TPA 1974 than under common law, referring to different cases and acts in the legislation. SHORT ANSWER Company will be conducting in-house seminars for the accountants/auditors to give better understanding on standards and responsibilities that are expected from them being skilled professionals. Before these seminars I would like to give ...

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