This article reviews global practices on auditor rotation and discusses the pros and cons of mandatory rotation. While … many studies have examined auditor tenure and rotation, I argue that the literature has not yet answered the question as to … whether mandatory rotation is desirable. The reason for this impasse is that there are major obstacles preventing us from …

a potential threat to auditor independence. One of these threats is the employment of an ex-auditor by a client company … institutional) perceived the employment of a former auditor by an audit client as a threat to the independence of the audit firm and … investors demonstrated significantly greater levels of concern about issues related to auditor independence. Although there were …