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Auditor rotation: is it time?

In Singapore, locally incorporated banks previously had to rotate auditors after five years, but this policy was suspended in 2008 due to the global financial crisis.

FOR boards and their audit committees, the question "Is it time to change our external audit firm?" seems to be an evergreen conundrum.

The question could be prompted by the circumstances of the company or simply heightened awareness by one or more board members of the heavy discussion in...