Audit Partner Rotation Delivers Few Benefits: Study
Studies find no significant fall-offs in reporting quality over partners’ five-year tenures and little or no evidence of the benefits of "fresh looks."
Auditor Rotation Rules Miss Their Mark
Merely requiring companies to periodically invite bids for their audit business, or change engagement partners at the incumbent firm, doesn't do the job.
Auditors Can Be Friendly as Well as Skeptical, Study Finds
Auditors who trust their clients can feel freer to be more skeptical of their financial reporting.
CFO’s Daily Roundup: July 20, 2015
A collection of CFO.com's articles and stories published on July 20, 2015
Auditor Rotation May Actually Inhibit Skepticism
While enhanced skepticism is a key argument for requiring auditor rotation, a new report suggests that what really happens is the opposite.
Firm Accused of Auditor Independence Violations
A partner at L.L. Bradford failed to monitor partner assignments, leading to auditor rotation violations in six public company audits, says the PCAOB.
Auditor Fined for Violating Partner Rotation Law
The case is part of the SEC’s Operation Broken Gate, designed to identify auditors who violate professional standards.