Auditor resignation
AccountingAn audit firm stepping down mid-term rather than at scheduled rotation.
In plain terms
More informative than anything they might have written. Firms leave when the risk exceeds the fee.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
An audit firm stepping down mid-term rather than at scheduled rotation.
More informative than anything they might have written. Firms leave when the risk exceeds the fee.