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Big Four Look to Limit Liability

Waivers of punitive damages and jury-trial rights are quietly finding their way into audit contracts.

> > PricewaterhouseCoopers, Ernst & Young, Deloitte & Touche, and KPMG are trying to minimize their exposure to liability lawsuits by requiring companies they audit to limit their right to sue, reported Bloomberg.
Source: CFO


Published:2005-12-14
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