CPA Auditor Rotation/Retention

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DGrimes

Hello,How often does your credit union switch CPA firms for the annual opinion audit? Since current regulations do not require credit unions to switch firms after a set number of years, I would like to get some feedback on what other credit unions are doing in the industry.  I ask this because our friendly neighborhood examiner suggested we switch firms to gain “new prospective”, but we have only been with our current firm for three years. I would really appreciate some input on this.