Congressman, my view is that audit committees are in a very good position to make a decision based on the specific facts and circumstances that exist at a particular company about how to select the auditor and mandatory firm rotation would limit the audit committee's ability to make that judgment.
On the recordJuly 25, 2012
Source
congress.govEditor's note · Context
Gallagher argues that audit committees should have the discretion to select auditors without mandatory rotation.
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