Hello!
I have stumbled upon conflicting information on the cooling-off periods for an engagement partner. One source says two years and another says five.
What is the current cooling-off periods for engagement partner and key audit partner?
ACCA Forums
AAACooling-off periods for engagement partner and key audit partner
I believe it is five years and two years respectively.
Please see the following link-
https://opentuition.com/topic/cooling-off-period-listed-companies-engagement-partner-vs-key-audit-partner/
These limits apply with respect to audits of public interest entities.
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