The lead audit or coordinating partner and reviewing partner of the registered accounting firm must rotate off of the audit every ________ years.

Question

Quizplus · Accepted Answer

According to the Public Company Accounting Oversight Board (PCAOB), the lead audit or coordinating partner and reviewing partner of the registered accounting firm must rotate off of the audit every five years. This is done to maintain independence and objectivity in the auditing process. While the PCAOB can mandate rotation in certain circumstances, the general rule is every five years.

The Lead Audit or Coordinating Partner and Reviewing Partner of the Registered