CHANGED LEGAL ENVROMMENT Understand the litigious environment in which CPAs practice Audit professionals have a responsibility under common law to fulfill implied or expressed contracts with clients. They are liable to their clients for negligence and/or breach of contract should they fail to provide the services or not exercise due care in their performance. L灬 boecker Andina&EArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc, Understand the litigious environment in which CPAs practice. CHANGED LEGAL ENVIRONMENT Audit professionals have a responsibility under common law to fulfill implied or expressed contracts with clients. They are liable to their clients for negligence and/or breach of contract should they fail to provide the services or not exercise due care in their performance