- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Mandatory auditor rotation is an idea that goes in and out of favor among various countries, leading to no common practice anywhere. So, Paul Hodgson asks: Why is the whole world chasing its tail on this issue?
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Within two weeks of gaining power, the U.K.’s newly elected Labor government has confirmed its intention to beef up the audit regulator and strengthen corporate governance.
The U.K.’s Financial Reporting Council fined audit firm MacIntyre Hudson (MHA) and two employees for breaching the agency’s requirements.
It’s been a trying time for staff at firms with redundancies, affecting morale as layoffs mount amid an effort to silence dissent in the ranks for those departing.
