The 1136 Tenants v. Max Rothenberg and Company case (Chapter 5) established the need for an Engagement Letter at the start of an audit. 1136 TENANTS' CORPORATION, Plaintiff-Respondent, v. MAX ROTHENBERG & COMPANY, Defendant-Appellant. Rosenblum v. Adler. 277 N.Y.S.2d 996. eCase is one of the world's most informative online sources for cases from different courts in United States' Federal and all states, and court cases will be updated continually - legalzone The 1136 Tenants v. Max Rothenberg and Company - Subject Accounting - 00205015 Previous question Next question Get more help from Chegg. The case demonstrated the importance of engagement letters to clearly establish an understanding with the client regarding the nature of the services to be provided. 27 A.D.2d 830. Page 830. C. Rosenblum v. Adler. 1136 Tenants Corporation v. Max Rothenberg and Company (1971)--A landmark case for accountants’ liability when they are associated with unaudited financial statements. Page 995. Decided April 17, 1968. 290 N.Y.S.2d 919. D. 1136 Tenants Corporation v. Rothenberg. Expert Answer . 21 N.Y.2d 995. 21 N.Y.2d 995 (1968) 1136 Tenants' Corporation, Respondent, v. Max Rothenberg & Company, Appellant. The accountant had, in fact, performed some limited auditing procedures, Hochfelder v. Ernst. Get free access to the complete judgment in 1136 TENANTS' CORP. v. MAX ROTHENBERG CO on CaseMine. Selected Case o 1136 Tenants Corporation v. Max Rothenberg and Company (1971)—A landmark case for accountants’ liability when they are associated with unaudited financial statements. Term. The burden of proof that must be proven to recover losses from the auditors under the Securities Exchange Act of 1934 is generally considered to be: Argued April 2, 1968. Court of Appeals of the State of New York. 1136 TENANTS CORPORATION, Respondent, v. MAX ROTHENBERG & COMPANY, Appellant. Discuss the matters that should be specified in an engagement letter. The case demonstrated the importance of engagement letters to clearly establish an understanding with the client regarding the nature of the services to be provided. Explain why this upfront Engagement Letter is so important. C. Greater than the Securities Act of 1933. Ultramares v. Touche. 1136 Tenants’ Corporation v. Max Rothenberg & Co. (1967) Despite the defendant’s claims to the contrary, the court found that he was engaged to audit and not merely write up the plaintiff’s books and records. April 17, 1968. C. 1136 Tenants Corporation v. Rothenberg. New York Court of Appeals. 1136 Tenants Corporation v. Rothenberg. Definition. D. Continental Vending. The 1136 Tenants v. Max Rothenberg and Company case (Chapter 5) established the need for an… 1 answer below » The 1136 Tenants v. Max Rothenberg and Company case (Chapter 5) established the need for an Engagement Letter at the start of an audit. Discuss at least six of the matters that should be specified in an engagement letter.