Section I of this Comment will discuss the role and responsibilities of public accounting firms and provide a brief background of the Sarbanes-Oxley Act. Section II will explore the mandatory audit firm rotation and other proposals seeking to remedy the inherent conflicts of interest problem. Lastly, Section III proposes a competitive bidding system overseen by the SEC as a potential remedy for this problem.
Gregory L. Paul,
Not Biting the Hand that Feeds You: Public Accounting Firms and Conflicts of Interest, 34 Golden Gate U. L. Rev.