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Q: Big4 - Yearly salary increment

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  #13991 (permalink)  
Old 28-01-2024, 10:34 PM
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How does isa 316 etc make audit more tedious?
it's ISA 315

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  #13992 (permalink)  
Old 29-01-2024, 09:23 AM
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it's ISA 315
Okay but it still doesn't answer my question of how it supposedly add more work for auditors this year.

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  #13993 (permalink)  
Old 29-01-2024, 10:08 AM
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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
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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  #13994 (permalink)  
Old 29-01-2024, 10:18 AM
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Okay but it still doesn't answer my question of how it supposedly add more work for auditors this year.
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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  #13995 (permalink)  
Old 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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  #13996 (permalink)  
Old 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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  #13997 (permalink)  
Old 29-01-2024, 11:52 AM
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Okay but it still doesn't answer my question of how it supposedly add more work for auditors this year.
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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  #13998 (permalink)  
Old 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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  #13999 (permalink)  
Old 29-01-2024, 12:42 PM
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No I dont respect auditors cause they are living life based on rules made by other ppl.
Except they dun follow ethics when comes to profit. F those old clowns.
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  #14000 (permalink)  
Old 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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