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Today 01:40 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
What does people do when they resign? As in will they actualy follow up their work
Properly or tend to leave the mess to others? I think it's always the latter. Usually ppl are so burnt out and hence quitting, lost the motivation to do proper job anyway
they will be extra helpful during this period
Today 12:02 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I hate my current audit team. I plan to quit during Christmas before peak period to teach them a lesson. I have enough savings and have already attained what I wanted from big 4. Will they remove me from the engagement? I will still follow up even though they are mean and unappreciative
Hate is a strong word. Why do you have such feelings towards your team and have you spoken to anyone about them?

Please check your firm policy on the notice period as well.
Yesterday 11:52 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
What does people do when they resign? As in will they actualy follow up their work
Properly or tend to leave the mess to others? I think it's always the latter. Usually ppl are so burnt out and hence quitting, lost the motivation to do proper job anyway
I hate my current audit team. I plan to quit during Christmas before peak period to teach them a lesson. I have enough savings and have already attained what I wanted from big 4. Will they remove me from the engagement? I will still follow up even though they are mean and unappreciative
Yesterday 11:19 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
What does people do when they resign? As in will they actualy follow up their work
Properly or tend to leave the mess to others? I think it's always the latter. Usually ppl are so burnt out and hence quitting, lost the motivation to do proper job anyway
Happy to say most people I’ve met are at least responsible enough to hand over properly. I even reckon for some of them, it’s the most enthu they’ve been in their careers lol.

They probably won’t go the extra mile or even OT in the notice period, but are perfectly happy to pass you all the hardcopy documents, forward you emails, and empty their lockers for you to dig yourself.

Sometimes, out of a sense of responsibility for team members they consider to be friendly terms with, will do a bit extra to finish up nicely.

Of course the opposite cases so happen, where people tender and totally hands off bo chap.
Yesterday 11:09 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
What does people do when they resign? As in will they actualy follow up their work
Properly or tend to leave the mess to others? I think it's always the latter. Usually ppl are so burnt out and hence quitting, lost the motivation to do proper job anyway
usually they just do the bare minimum
Yesterday 10:56 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I understand that most audit firms have a one month notice period, for the firm to find replacement and for you to handover your work.

The manager should have an adequate overview of the status and progress of the engagement to facilitate this handover.

You cannot ignore work during your notice period unless you are prepared to seriously burn bridges.
What does people do when they resign? As in will they actualy follow up their work
Properly or tend to leave the mess to others? I think it's always the latter. Usually ppl are so burnt out and hence quitting, lost the motivation to do proper job anyway
Yesterday 10:25 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
So to actually think of it, an audit partner faces great risks given that a bad audit can derail its career. Therefore, is a high risk but high reward career.
Yes, Public Accountants shoulder a huge responsibility’s

Especially so for listed entities.
Yesterday 10:25 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
What happens if they fail to bring in good revenue
Then no money.

Partners are like business owners, they’re motivated to bring in the business to increase their profit share.
Yesterday 09:43 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Partner has to review as well because they have the overall responsibility of the outcome of audit engagements (meaning to say, if anything happens lets say audit insprction by MAS or ACRA, they are the first to answer to the regulators). Partners together with the SM actually sit through conference calls with clients on key management meetings and understanding of the client business process. Also, if the SM is unable to handle the client, the partner will have to step in as well.
So to actually think of it, an audit partner faces great risks given that a bad audit can derail its career. Therefore, is a high risk but high reward career.
Yesterday 09:38 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Isnt all the reviews and calls with clients handles by sm
Partner has to review as well because they have the overall responsibility of the outcome of audit engagements (meaning to say, if anything happens lets say audit insprction by MAS or ACRA, they are the first to answer to the regulators). Partners together with the SM actually sit through conference calls with clients on key management meetings and understanding of the client business process. Also, if the SM is unable to handle the client, the partner will have to step in as well.
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