![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4T9wK-fNaflfruQuz_Pc7iENVssvAFb9Lo7J438xDuXryfVGKuG3Uwlrb4ujhvLJosTUX-fuN2YXhRdAb_WmWGfcMAGz3QTALmTmSLcE5cQpUfJftUyNkXaWtFAeRsWqkX1gLDxtyGv3e/s1600/us-lgflag.gif)
The
House of Representatives yesterday voted, by 321 to 62, to pass a Bill to prohibit the
Public Company Accounting Oversight Board from requiring public companies to use specific auditors or require the use of different auditors on a rotating basis: see
here. Further information about the Bill, which now goes to the
Senate for consideration, is available
here. In 2011 the PCAOB issued a concept release in which views were sought on the introduction of mandatory rotation: see
here.
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