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28-01-2024, 10:34 PM
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Quote:
Originally Posted by Unregistered
How does isa 316 etc make audit more tedious?
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it's ISA 315
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29-01-2024, 09:23 AM
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Quote:
Originally Posted by Unregistered
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Okay but it still doesn't answer my question of how it supposedly add more work for auditors this year.
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29-01-2024, 10:08 AM
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Quote:
Originally Posted by Unregistered
client think auditor technical also very weak
auditors only know how to select sample and follow prior year. What technical u think they have?
have u seen the kind of questions you auditors ask? partner should go educate the audit team. Even manager can kena own by client
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The auditors have observed that the client is lacking various essential documents. The client seem to be missing a range of important records, and it appears that the overall documentation is inadequate.
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29-01-2024, 10:18 AM
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Quote:
Originally Posted by Unregistered
Okay but it still doesn't answer my question of how it supposedly add more work for auditors this year.
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Need to study company and environment a lot, then must document everything. Also, have to be extra suspicious, keep eyes open all the time, and monitor things non-stop. Plus, must look at big-picture controls. Confirm more work lor.
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29-01-2024, 11:02 AM
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Audit managers are doing the fieldwork themselves? How can?
Are they going to review their working paper?
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29-01-2024, 11:36 AM
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I noticed people in 20s don't wish to join audit industry
End up now people in 30s to 50s suffer alot in audit industry
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29-01-2024, 11:52 AM
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Quote:
Originally Posted by Unregistered
Okay but it still doesn't answer my question of how it supposedly add more work for auditors this year.
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Revised since 2021 for ssa315. More work is relating to general it control. With the new ssa600, ssa315 will revise too i guess.
I hope khor khor teach u something today. Auditors these days dunno ssa or frs. Im not impress. Pls impress me big4 auditors of 2024. Im shocked still have locals doing or joining audit in 2024.
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29-01-2024, 12:05 PM
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No I dont respect auditors cause they are living life based on rules made by other ppl.
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29-01-2024, 12:42 PM
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Quote:
Originally Posted by Unregistered
No I dont respect auditors cause they are living life based on rules made by other ppl.
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Except they dun follow ethics when comes to profit. F those old clowns.
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29-01-2024, 12:52 PM
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I feel that all of us in 30s to 40s suffered alot because the people in 20s don't wish to join the audit industry.
I blame the people in 30s did not try to attract the 20s to audit industry.
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