In the interest of independence,CPAB and SOX require the rotation of the lead audit partner and/or concurring review partner every ________.
A)year
B)two years
C)five years
D)ten years

Question

Quizplus · Accepted Answer

Both CPAB (Canadian Public Accountability Board) and SOX (Sarbanes-Oxley Act) require the rotation of lead audit partner and/or concurring review partner every five years in the interest of maintaining independence and objectivity in the audit process.

In the Interest of Independence,CPAB and SOX Require the Rotation