UK chief financial officers (CFO) are supportive of auditor rotation, according to a research by recruitment consultants Robert Half.
Robert Half said 87% of UK CFO’s are supportive of rotation, a measure proposed in the European Commissions Audit Green Paper last year.
More than half (51%) of CFOs in favour of the measure would like to see it happen every five years or more and 33% every 3 years.
The survey also found 7 in 10 CFOs reject the suggestion that the Big Four prevent a competitive market.
Robert Half interviewed 200 UK CFOs for this survey.