USA: auditor independence - further discussion of the PCAOB's concept paper

Last year the Public Company Accounting Oversight Board published a concept release considering how to enhance auditor independence, objectivity and professional scepticism: see here (pdf). The concept release returned to a question that had been asked before in the USA and in other jurisdictions: should there be mandatory audit firm rotation? The deadline for responding to the concept release is April 22 and so far over 600 responses have been submitted: see here. Last month the PCAOB organised a public meeting to consider its concept paper. The contributions of panelists at this meeting have been published - see here - and video recordings are available here.