Discuss what has not been (or cannot be) done to reduce the likelihood that the situations that occurred in the cases occur again.
Although the partner rotation has been implemented, I think firm rotation would be more effective, which has not been done. Countries like Brazil, Iceland,
Italy, Peru, and Spain have implemented the firm rotation. I think this would reduce the likelihood of a situation like the case to occur again, because there
will not be a mentality of “keeping a client at all cost” – as seen in most of the cases. Auditors will not be afraid to be speak up and will not be afraid to
ask questions. In addition, it reduces the likelihood of a firm being “too comfortable” with a client that skepticism is diminished.