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In September 2014 the UK Competition and Markets Authority (CMA) issued a compulsory Order requiring, inter alia, FTSE 350 companies to conduct a competitive tendering process for auditor appointment at least every 10 years, and to change their statutory auditor at least every 20 years.
Discuss whether this Order will improve audit quality.
Pages: 7, double spaced
In September 2014 the UK Competition and Markets Authority (CMA) issued a compulsory Order requiring, inter alia, FTSE 350 companies to conduct a competitive tendering process for auditor appointment at least every 10 years, and to change their statutory auditor at least every 20 years.
Discuss whether this Order will improve audit quality.
Pages: 7, double spaced
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