Does mandatory rotation of audit partners improve audit quality?

• Main Authors: Lennox, Clive S., Wu, Xi, Zhang, Tianyu
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2018
• Subjects: Audit Partners; DRNTU::Business::Accounting; Mandatory Rotation
• Online Access: https://hdl.handle.net/10356/87657; http://hdl.handle.net/10220/46766
• Institution: Nanyang Technological University

Opponents of mandatory rotation argue that a change of partner is bad for audit quality, as it results in a loss of client-specific knowledge. On the other hand, proponents argue that a change of partner is beneficial, as it results in a positive peer review effect and a fresh perspective on the aud...