The seminal work of Limperg is characterized by several important elements. The centralarea of Limperg’s work is related to the social responsibility of the independent auditorand possible mechanisms for ensuring that audits meet society’s needs. Limperg’swork highlights the importance of the social significance of auditing and the implicationsfor how an audit should be performed. Limperg emphasizes the role of the auditor in relationshipwith the users of financial statements in the sense that the independent auditoracts as a confidential agent for society.