Auditor rotation in CLERP9 states that an auditor cannot perform a significant role in the audit of a client in more than
A) two out of five years
B) two out of seven years
C) five out of seven years
D) six out of seven years

Question

Quizplus · Accepted Answer

CLERP 9 (Corporate Law Economic Reform Program Act 2004) mandates that an auditor cannot play a significant role in the audit of a client for more than five out of seven consecutive years to ensure auditor independence and objectivity.

Auditor Rotation in CLERP9 States That an Auditor Cannot Perform