Auditor Independence: Documents on Firm Rotation

With the debate on auditor independence resurfacing, it is useful to have a few documents on hand, especially about firm rotation. One document is the recent speech that James Doty, chair of the PCAOB, gave calling for a new look at mandator rotation.

You can read that speech here.

Another document is the extensive 2003 GAO report that explored this topic. That investigation was based on numerous interviews. You can read it below.

GAO Report on Auditor Independence, 2003