Αποτελέσματα Αναζήτησης
Both committees would support a cooling-off period before a former engagement partner can serve as an engagement quality reviewer. However, we realize that the IAASB requires a two-year cooling-off period, so we would support a similar requirement.
With regard to both, calculation of the maximum duration and cooling-off period, national competent authorities are encouraged to closely monitor compliance by auditors with the intention and spirit of the rotation and cooling-off requirements, within the boundaries set by national legislation.
Four-year cooling-off period is required. The requirement for ‘key audit partners’ to rotate after a maximum of seven years, followed by a three-year cooling-off period is retained under the new legislation; however, member states have an
1 Οκτ 2021 · This paper examines the association between the length of the cooling-off period and audit quality: (1) when partners rotate back and (2) during the cooling-off period, ahead of an extension...
The requirement for ‘key audit partners’ to rotate after a maximum of seven years, followed by a three-year cooling-off period is retained under the new legislation; however, member states have an option to elect shorter partner rotation periods. Described in the Article 17 of the Regulation.
17 Δεκ 2018 · Integrated within MPR requirements, minimum cooling-off periods regulate audit quality at the time of a rotation-back. Within the context of a proposed extension to the minimum cooling-off period, we examine the association between the length of the cooling-off period and audit quality.
This Industry Guide is intended for examiners conducting audits in the construction industry and as information for taxpayers and practitioners associated with the construction industry. Review
