Should companies be forced to rotate auditors?

Noel King Jul 9, 2013
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An accountant checks tax forms in his office in Naples on October 22, 2012. MARIO LAPORTA/AFP/Getty Images

Should companies be forced to rotate auditors?

Noel King Jul 9, 2013
An accountant checks tax forms in his office in Naples on October 22, 2012. MARIO LAPORTA/AFP/Getty Images
HTML EMBED:
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The House of Representatives voted late Monday in favor of a bill that would ban a proposed requirement that companies rotate auditors every few years. The proposal, first put forward by the US Public Company Accounting Oversight Board, was aimed at preventing accountants from getting too cozy with the companies they’re auditing. The bill now goes to the Senate.

Marketplace’s Noel King joins Morning Report host David Brancaccio to discuss.

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