1) If a principal auditor can assign a division of responsibility without mentioning the other auditor, then why would he/she do so? What would give the principal auditor the incentive to take full responsibility?
2) If lead partner and reviewing partner must rotate every 5 years... can they simply switch? Or do they need to rotate OFF the audit altogether? "every 5 years" is also a difficult tern because it doesn't clarify how long they must actually rotate off for (e.g. 5 years on followed by 1 year off, and then 5 years on again... is that acceptable?)
please clarify