Mandatory Auditor Rotation Is Designed To Address A Potential Conflict Of Interest Between A Public Company And Its Auditor. Because An Auditor Is Hired And Paid By The Public Company It Audits, The Auditor's Desire To Maintain A Good Relationship With Its Client Could Conflict With Its Duty To Rigorously Question The Client's Financial Statements.
Please Wait....
Translating....
Translating....
Mandatory Auditor Rotation Is Designed To Address
Robert Pozen
Mandatory Auditor Rotation Is Designed To Address A Potential Conflict Of Interest Between A Public Company And Its Auditor. Because An Auditor Is Hired And Paid By The Public Company It Audits, The Auditor's Desire To Maintain A Good Relationship With Its Client Could Conflict With Its Duty To Rigorously Question The Client's Financial Statements.
Views: 2
Topic
