Study: Mandatory Audit Firm Rotation - it’s not so bad once you give it try

Audit partners and audit committee chairs often changed their negative views regarding Mandatory Audit Firm Rotation (MAFR) once they’ve implemented it, according to a recent study. However, the study also confirmed that costs of transitioning are high and cut into audit firms’ profitability. 

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What South Africa can learn from Namibia's leap forward in accounting regulation

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IRBA may take the Mandatory Audit Firm Rotation fight to Parliament