Q: Big4 - Yearly salary increment

Smlj is partner do nothing? If partner dont earn money for the firm, you smelly oily creepy buibui wont even have a job at big 4 and those chio jhb dont wanna talk to you

Originally Posted by Unregistered

Review files awp
Review non standard inclusions reports for other engagements( cross partner)
Review technical memo/ partner for eqcr/ second partner for list co
Review client risk assessment /approve onboarding
Prepare and attend frsc meeting ( to provide input and guidance for the industry)
Management meeting/ budgeting
Discussion/meeting with client
Sign fs
Review fs
Arrange/assign portfolios (200 entity maybe?) average partner are holding 2-3m port

They need to key in timesheet more accurate than anyone else in engagement as they have highest chargeout rate and need to hit min hours of involvement in each of the engagement based on firm methodology.

Come again if u think they are nt busy

To test whether the partners review files... associate and seniors

You just need to do one thing

Draw one tortoise and file in CAF between the minutes of meeting.

Lol

Maybe can draw one tortoise and file in the CAF

Then see whether the partner spot the tortoise?

I feel so sad. My nicest senior has tendered today. Why all the nice people are the one leaving….

Originally Posted by Unregistered

I feel so sad. My nicest senior has tendered today. Why all the nice people are the one leaving….

Don't cry. You still have your audit partner.

Originally Posted by Unregistered

Maybe can draw one tortoise and file in the CAF

Then see whether the partner spot the tortoise?

Still got CAF these day?

Tot all firm going fully digital already?

Ops i think some firm still keep hardcopy CAF for “risk management “ purpose

Originally Posted by Unregistered

Still got CAF these day?

Tot all firm going fully digital already?

Ops i think some firm still keep hardcopy CAF for “risk management “ purpose

We only print minutes of meeting and bank audit confirmation.

Originally Posted by Unregistered

We only print minutes of meeting and bank audit confirmation.

CAF will be useful for some critical time

Originally Posted by Unregistered

Still got CAF these day?

Tot all firm going fully digital already?

Ops i think some firm still keep hardcopy CAF for “risk management “ purpose

That's why I said draw one tortoise on a paper and file in a the file

See manager and partner got spot it or not

Originally Posted by Unregistered

They might be outdated on some areas , as there are so many significant changes in key frs like 116/115/109, but they definitely know what they are doing, just that they might have a lot engagements thus, u might feel he dont know the issue in your job ( as they rely on managers as gate keeper a lot , and also technical team)

Trust me ; there are a lot of ppl still clueless abt ecl frs109, especially interco receivable ecl assessments, and there is no template for this. Haha

This 3 revamp FRS until now still got audit partner not familiar with the standards?