All Auditor Tenure articles
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Blog
Rite Aid shareholders vote against Deloitte as auditor
A sizable chunk of Rite Aid’s shareholders has told the board it would like to dismiss Deloitte and hire a new audit firm.
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Article
Tenure disclosure puts new pressure on audit committees
Now that audit reports are beginning to disclose auditor tenure, audit committees face new pressure to give it careful consideration in retention decisions.
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Blog
Auditor tenure is ‘reference point,’ SEC's Bricker says
Auditor tenures are beginning to appear in public company filings, giving investors new insight into how embedded firms are at their various public company clients.
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Blog
New study says long audit tenure slows corrections
Recently published academic research suggests there is indeed a detriment to audit quality when audit firms hold long tenures on audit engagements.
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Article
10 reasons to be wary of new auditor disclosure rules
New disclosures required by auditors don’t produce any direct new rules for the public firms they audit, but companies can expect at least 10 potentially serious consequences.
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Blog
Rotation May Hinder Audit Quality, Study Says
A new study from the American Accounting Association suggests rotating auditors may not be such a good idea, especially as regulators are getting tough on auditors to show more skepticism. “Rotating auditors, aware that they will not be in a long-term relationship, will ... likely perceive themselves to be less ...
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Blog
SEC Might Explore Auditor Tenure for Audit Committee Disclosure
Image: When the SEC issues its audit committee discussion paper, it likely will explore more on the audit firm’s tenure and naming engagement partners. As the PCAOB has tried to get consensus on these themes, the board has heard pushback that the disclosure is better placed in audit committee reports, ...