The effects of audit firm rotation on audit quality: does audit firm rotation improve audit quality?

The goal of this paper is to conduct evidence-based research on the actual effects of audit firm rotation on the audit quality of publicly listed firms. This thesis will contribute to the ongoing debate on whether the mandatory audit firm rotation measure, which is a part of the new EU regulatory framework on audit policy as approved by the European Commission in April 2014, is a desirable measure to enhance audit quality.