Sentence examples for mandatory rotation of from inspiring English sources

Another idea is the mandatory rotation of audit firms.

"What you're seeing is probably a strong call for why you have mandatory rotation of auditors," he said.

Separation of audit and consulting, mandatory rotation of audit firms, tougher enforcement and regulating the full range of consumer and business accounting services are some of the reforms New York can and must undertake.

To prevent additional cases like Satyam — where Indian auditors failed to notice discrepancies despite auditing the company for years — the measure calls for the mandatory rotation of auditors and their firms.

Mr Cox of Duke University suggests two possibilities: mandatory rotation of entire audits rather than the more limited rotation just of individual partners as is now required in America; and sharp limits on the provision of non-audit services.

The leaked document suggests that he thinks the industry is overdue for reform from top to bottom.The proposal for mandatory rotation of audit firms has been floating around for the better part of a year.

Similarly, he said that mandatory rotations of accounting firms "would be detrimental".

With the gradually evolving system of specialization, especially in tertiary hospitals, EM could also gain a foothold in the undergraduate medical education curriculum to become one of the mandatory rotations for clinical students.

"There will be more opportunities for us to overcome the institutional prejudice we've been fighting for so long .Yet even the most vocal advocates of mandatory rotation concede that it is no cure-all.

We posit that mandatory rotation changes (1) the dynamics of the audit market by increasing the number of clients who are in the market for a new auditor, and (2) the political costs to a client who switches auditors.

Another good idea is mandatory rotation, every four years or so, both of audit partners so that individuals do not become too committed to their clients—and of audit firms.