Responsibility of Auditor to Compensate:
Article 35 of the Law No. 8 of Year 2020 states that the auditor is responsible for giving compensation for the damages caused by the auditor to the client or others due to negligence, default or professional errors that result from him/her or from the assistants who work under his/her supervision in performing the profession.
If an audit and review work is undertaken by an auditing firm, all partners are responsible for the damages they cause due to any professional errors or omissions.
Please notice that an auditor being an individual and partner of a partnership have unlimited liability with regard to any damages.