In the current issue of the journal Expert Focus Dr. Christoph D. Studer and Dr. Oliver Fritschi comment on the proposed amendment of the law concerning auditors' liability. Although auditors are rarely the main responsible if damages occur, they regularly have to pay the bulk of the compensation in liability proceedings. The majority of experts consider it inappropriate that the controlling body of a company thus becomes the de facto guarantor of default for insolvent board members. According to the authors, the revision project may be suitable for alleviating this problem.
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