Plichta Quoted on Mandatory Rotation of Audit Firms

01 May 2012 Corporate Secretary News

Corporate Secretary

Partner Mark Plichta discusses the mandatory rotation of audit firms, stating that rotations potentially require companies to pay for the time commitments made by auditors to get up to speed with their clients. He added that strong company audit committees that oversee governance practices and maintain an open dialogue with auditors may facilitate better audit firm-client relationships.

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