Statutory Auditor Rotation and Transition Director

The mandate

The Audit Committee seeks independent advice on governance for a statutory-auditor rotation. The standing question is whether the transition preserves independence, knowledge transfer, audit quality and management readiness while keeping appointment decisions with the Committee.

Three days weekly will cover monthly governance review, transition-risk challenge and two readiness workshops. Advice will distinguish permissible factual transfer from inappropriate reliance, preserve fair access and test whether management has assigned timely ownership for evidence requested by a first-year auditor.

The Director has no line authority, tender vote, firm-selection role or right to direct either auditor. Recommendations route through the Committee Chair. The Committee owns appointment; management owns readiness; incoming and outgoing auditors retain their professional responsibilities and confidentiality obligations.

The seven-month engagement concludes after planning readiness and a transferred governance record. Renewal requires a newly authorised question. Conflicts include recent work for bidding firms, the entity or relevant officers, and financial relationships with participants; disclosure and recusal are mandatory before any protected material is shared.

What you will own

• Map transition responsibilities across committee, management, incumbent auditor, incoming auditor and specialists.
• Establish independence and conflict checkpoints before access, appointment and commencement decisions.
• Design a knowledge-transfer protocol respecting confidentiality, professional obligations and the incoming auditor's independent risk assessment.
• Identify opening-balance, systems-understanding, component, specialist, timetable and evidence-readiness risks at governance level.
• Facilitate two readiness workshops and assign unresolved dependencies with owner, deadline and reporting consequence.
• Review transition reporting for hidden reliance on predecessor conclusions or management assurances.
• Create escalation criteria for access barriers, delayed evidence, unresolved independence and compressed first-year planning.
• Transfer the decision and dependency log to the Committee secretariat before advisory closure.

Candidate qualifications

• At least 18 years in statutory audit, audit tender governance, first-year transition or Audit Committee support.
• Active Danish state-authorised public accountant, CPA, ACA, ACCA or equivalent licensed-audit qualification.
• Evidence of governing an auditor rotation while preserving incoming-auditor independence and outgoing-auditor confidentiality.
• Strong knowledge of independence, predecessor communication, opening balances, appointment governance and first-year risk.
• A case where you escalated transition delay before it compressed critical audit planning.
• Experience supporting committees without influencing firm selection or directing audit procedures.
• Complete disclosure of relationships with potential firms, management and officers relevant to the transition.

Working terms and boundaries

• Across seven months, the adviser commits three days weekly to committee preparation, monthly governance and two readiness workshops.
• There is no line authority, tender vote, selection role, auditor direction or statutory opinion responsibility.
• Conflicts are assessed before participant identities or papers are disclosed; the Chair controls recusal.
• Tender scoring, fee negotiation, audit execution and management evidence preparation are excluded.
• Completion requires two workshops, a controlled dependency log, accepted readiness view and secretariat transfer.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 11 October 2026. Mandate reference AUD-ADV-2026-CPH-48.