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Old 26-05-2024, 11:44 AM
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1) Staffing for engagements may be reduced, such as going from 2 seniors and 2 associates to 1 senior and 2 associates.
2) Time allocation for engagements could be reduced, for example, shortening a 3 months engagement to 2 months.
3) You might also be asked to assist on other engagements while working on an existing one to optimise resource utilisation.
It’s ok because end of the day you still only have 24 hours a day.

I keep hearing people say they will stretch you more and more, but that has been going around since the 2000s.

Like a rubber band, you either learn to be elastic and adapt or snap and leave.

End of the day, if audit quality suffers, it’s the risk of the partners to decide if they are comfortable to sign or ask client for time extension.
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