Fav Quotes

Quote by Robert Pozen

Mandatory auditor rotation is designed to address a potential conflict of interest between a public company and its auditor. Because an auditor is hired and paid by the public company it audits, the auditor's desire to maintain a good relationship with its client could conflict with its duty to rigorously question the client's financial statements.

— Robert Pozen

Personal Tags
(comma separated)
 

Fav'd

Be the first to Fav this quote!