EU rotation requirements audit firms


Frequent change has consequences

Audit in the field of controversy regarding mandatory auditor rotation

The EU has decided on new rotation requirements for audit firms. This will lead to specialisations in the industry.


The audit of companies’ annual financial statements through external auditors is an important element of Corporate Governance and essential for maintaining trust in the capital markets. As a result of past scandals and the related financial crisis, the role of the auditor has moved increasingly into the centre of public attention and is being critically scrutinised both in Switzerland as well as abroad.

Häufiger Wechsel hat Folgen
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