[vanessa000abc]

on Becker 2012, a2-8 it says” lead partner and reviewing partner must rotate off the audit every five year and are subject to a five -year time out period before returning to the engagement” , what does that mean? Can someone be more specific?

Here is what I understand: suppose, I am the lead partner, and I audit AAA company, from year 1 to year 5, then I can only go back to audit AAA company on year 11? PLease help. Thanks.

[nolifecpa]

that is correct

REG-65,71,74,73,70,74,79
BEC-60's,60's,69,71,76*,78
FAR-67,66,65,79
AUD-54,60's,65,83*,69,80
*expired

DONE

[supervisor]

This also only apply to public companies. I dont think it pertains to private. You probably already know that.

BEC 10/13 PASSED 77
AUD 04/12 PASSED 83
FAR 08/12 PASSED 76
REG 02/13 PASSED 76

Licensed in PA on 12/23/13. Yea boy!!

[Author]

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