THE APPLICABILITY OF MANDATORY ROTATION ON THE BASIS OF INDEPENDENT AUDIT FOR PROFESSIONAL ACCOUNTANTS

Various arrangements have been made to increase the effectiveness of the audit. One of these arrangements is mandatory rotation. What is meant by the mandatory rotation is to increase the impartiality and independence of the auditor. Independence and impartiality are also indispensable for professional accountants. In this study, it is aimed to determine whether the mandatory rotation of independent auditing should be applied to accountants and to determine the view of the members of the profession in terms of mandatory rotation. Firstly, literature review has been done to determine the aims of the mandatory rotation applied in the independent audit. As a result of the review, it has been determined that the rotation requirement in the independent audit is aimed at the desired characteristics of accounting activities. A questionnaire technique was conducted on the certified public accountants operating in Tokat province in order to determine the approaches of the members of the professions. The results show that professionals do not support the implementation of the mandatory rotation for accountants