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Old 07-04-2024, 05:22 PM
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I think they might need to assess the new gen young partners too. I know some of them, whom were managers when I was audit senior. They were very weak in technicals (iFRS, standards) but were lucky at getting good big assignments and bosses. Strange that ISCA / ACRA demands stringent qualification from juniors in the industry, but don't subject the partners to routine assessment? Partners should undergo regular SQP tests too.
I know one audit senior. His father is audit partner in small firm. He worked in big4 for 3 years. Then went back to his father audit firm to work. After that become audit partner.
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