Auditor Rotation Proposal Just More Spin via Storify

4 replies
  1. Francine
    Francine says:

    @Warren Miller

    Actually, I like the idea of audit only firms. That’s what’s being discussed seriously by the EU.

    Audit only firms would be assigned and paid by GAO, perhaps, and just do the work. GAO would assign teams, combining and picking and choosing from them, as needed for expertise and hiring other experts for specialized work as they do for their own audits. Companies would pay for audits on a fee basis to the government, not the firms and that would be allocated to the firms based government rates.

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