Audit director fined for breach of rotation rules
It's the first-ever penalty for audit rotation breach
Source: brokernews.com.au
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Huge hikes in auditor fines may deal body blow to already shrinking profession, experts warn
Experts warn that massive new fines for auditors found guilty of misconduct could have unintended consequences, including wiping out the lower and independent tiers of the profession.
Source: news24.com
Auditor rotation no longer mandatory in South Africa, appeals court rules
The Supreme Court of Appeal has set aside the requirement for the rotation of audit firms as promulgated by the Independent Regulatory Board for Auditors (IRBA).
Source: news24.com