Time to clean house: Why audit firm rotation still matters
ANALYSIS: A handful of NZX-listed companies are finally rotating their auditors, but progress remains sluggish.
Companies shouldn’t wait for an unwelcome discovery in a dark corner before insisting on a tidy-up.
Last year, I wrote about the need for audit firm rotation in New Zealand . My argument was simple: the longer an audit firm remains, the harder true independence becomes. Fresh eyes and untethered independence are essential to good governance.
A year on, a handful of New Zealand companies –
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