27 A.D.2d 830. 21 N.Y.2d 995 (1968) 1136 Tenants' Corporation, Respondent, v. Max Rothenberg & Company, Appellant. 290 N.Y.S.2d 919. 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. 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: Expert Answer . C. Rosenblum v. Adler. Discuss the matters that should be specified in an engagement letter. Page 830. The accountant had, in fact, performed some limited auditing procedures, 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. Get free access to the complete judgment in 1136 TENANTS' CORP. v. MAX ROTHENBERG CO on CaseMine. 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 Discuss at least six of the matters that should be specified in an engagement letter. April 17, 1968. New York Court of Appeals. 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. 277 N.Y.S.2d 996. Hochfelder v. Ernst. 1136 TENANTS' CORPORATION, Plaintiff-Respondent, v. MAX ROTHENBERG & COMPANY, Defendant-Appellant. 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. 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. Definition. Previous question Next question Get more help from Chegg. 1136 TENANTS CORPORATION, Respondent, v. MAX ROTHENBERG & COMPANY, Appellant. Explain why this upfront Engagement Letter is so important. Decided April 17, 1968. The 1136 Tenants v. Max Rothenberg and Company case (Chapter 5) established the need for an Engagement Letter at the start of an audit. Court of Appeals of the State of New York. Argued April 2, 1968. C. Greater than the Securities Act of 1933. Rosenblum v. Adler. D. Continental Vending. D. 1136 Tenants Corporation v. Rothenberg. Ultramares v. Touche. 21 N.Y.2d 995. 1136 Tenants Corporation v. Max Rothenberg and Company (1971)--A landmark case for accountants’ liability when they are associated with unaudited financial statements. 1136 Tenants Corporation v. Rothenberg. Term. Page 995. C. 1136 Tenants Corporation v. Rothenberg. The 1136 Tenants v. Max Rothenberg and Company - Subject Accounting - 00205015