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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