Privity in Third-party Audit Claims
In this podcast from the Modernizing Your Practice mini-series, hear from Stan Sterna, JD from Aon as he explains the implications of privity on third-party legal claims against accounting firms. Stan will help define privity and provide context around when and how it might apply in a lawsuit. He will also discuss steps firms can take to decrease the risk of third-party claims and to limit liability to a third party.
Stan Sterna, JD, Vice President, Aon Insurance Services | Professional Firms
Matt Towers, Product Lead – Assurance, CPA.com