Go find the person who told you this....
"PCAOB 5 year rotation rule (that we all remember quite vividly) necessitated that KBL rotate off as independent auditor after 5 year term (which concluded at March 31, 2019 or end of Fiscal Year 2019)"
...and tell them to stick to running the fryer.
The 5 year rotation rule doesn't apply to audit firms, it applies to audit engagement partners.
KBL has 4 people who can act as lead auditors. All TAUG needed to do was sign a different one to the engagement, not dismiss the whole firm.
So there was some other reason for the dismissal of KBL. Go back and tell the guy who gave you that bad information to tell you the truth this time. He sent you back here to tell a falsehood.
I'll be here and I'd really like to know.
But can it core A apple?
Yes Ralph, of course it can core A apple.
