3 ms·

It is quite simple, the big 4 have the UK and US top companies sewn up. We need a cap on how long a form can audit one company as a start. This would take away

It is quite simple, the big 4 have the UK and US top companies sewn up. We need a cap on how long a form can audit one company as a start. This would take away the incentive to keep the client ahead of making good judgements

srhngpr 8y ago
While there is no requirement to rotate the firm, it is a requirement in the US (via SOX) to rotate the lead engagement partner every 5 years.
jsmith99 8y ago
In the UK firms are meant to rotate auditors.
- jimnotgym 8y ago
  They don't though, they rotate audit partners