FEE approves comments to PCAOB on Auditor Independence and Audit Firm Rotation:

Thu, Dec 15, 2011

FEE supports the aim of enhancing independence and objectivity of auditors since the independence of auditors is fundamental to public confidence in audited financial information. FEE is also of the opinion that professional scepticism could be enhanced even further to have audit quality at the highest level achievable. However, FEE believes that mandatory audit firm rotation would not be conducive to further enhancing professional scepticism. View

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