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SOX requires rotation of audit partners every 5 years. Is that enough?

I think one piece of SOX that was important to the issue of independence was the rule that audit partners must be rotated every 5 years. That means a new partner is coming in every 5 years with a fresh set of eyes and perhaps a little different way of doing things. Any "relationships" that may have formed with the client can easily be dissolved. Why do you think the regulation requires the rotation every 5 years? Do you think that is often enough? Should it be limited to the audit partner or should the whole team be rotated? Or, perhaps, should the company be forced to change audit firms every 5 years?

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SOX requires rotation of audit partners every 5 years. Is that enough?

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SOX requires rotation of audit partners every 5 years. Is that enough?

I don't think that the client should have to change audit firms, but I completely agree with the regulation that forces audit firms to rotate auditors every five years. In my opinion, the entire team should be rotated, and not just the audit partner. One of the principal reasons that audit firms must change the audit partner is due to ...

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