Özet:

Auditors occupying with accounting audits are usually faced up to an audit risk at some certain level. The said audit risk comes together with a business risk. Because of this business risk which expresses the probability of an auditor to experience losses or deprivations at his/her professional activities, auditors have some professional liabilities. This paper investigates the precautions which auditors can take in order to minimize their professional liability risk that can cause damages or even failures at their professional activities, and professional liability insurance which they can purchase in consistency with the aim of minimizing professional liability risk.

Anahtar Kelimeler: