Competition Commission backs away from mandatory rotation in preliminary report on audit market – OUT-LAW.com

Posted July 25th, 2013 in auditors, competition, news, reports by tracey

“The Competition Commission (CC) has decided against forcing companies to rotate their statutory auditors regularly and has signalled that they should instead put their auditing needs out to tender at least every five years.”

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OUT-LAW.com, 24th July 2013

Source: www.out-law.com