Oireachtas Joint and Select Committees
Tuesday, 18 December 2012
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Scrutiny of EU Legislative Proposals
2:20 pm
Ms Helen Hall:
There is certainly a lot of interest in this audit rotation debate. For example, the United States is considering it at the moment. A lot of questions arose in the US about the disadvantages of auditor rotation. There is certainly a danger that if Europe moves in one direction and we have a global situation it is going to cause difficulties. Sometimes, however, the difficult path can be worked out if it is worthwhile.