You are suppose to answer the Research Question using 150 – 200 words. At least cite 2 journal articles from high ranked journal (e.g. Accounting Review, AAAJ) based on the topic and provide proper reference (APA style). Question The Corporate Law and Economic Reform Programme (CLERP 9) 2004 proposed reforms to improve and maintain the independence of auditors in carrying out their assurance engagement. One of these reforms is that audit partners responsible for a particular organization must be rotated after every 5 years. It is argued that this requirement is not sufficient to improve the independence of auditors and that the audit firm should be rotated instead of audit partner. Why is this?
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