Mr. Eli Mason's commentary ("Profession needs rotation of auditors," Oct. 25-Nov. 7, 2004, p. 6) advocates mandatory rotation of auditors for publicly traded companies. I not only agree with Mr. Mason, but further believe that mandatory rotation of auditors is good for the government sector as well.
As auditor general of the State of Illinois since 1992, I have maintained a rotation policy that generally prohibits the same accounting firm from conducting the external audit of a state agency for more than six successive fiscal years.
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