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Could anyone kindly tell me about the Investment Management and Private Equity Audit Group at Deloitte? 1. Work Life Balance (Is it worst than the ordinary Big 4 WLB?) 2. Is it an entirely different audit from commercial/retail audits (think account balances etc.) 3. Difficult to learn how to audit clients in this industry without prior experience in the industry?(been doing commercial audits for 3 years) 4. Are there relatively good exit opportunities for this audit group? Deloitte PwC EY
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Are you working with a senior or manager? Ask then how long something is going to take. Then tell them how long you think it will take realistically. The problem you're having is because you're not setting expectations prior to starting a task.
A handy way to track time is to have an excel open and just the task you're starting and then in the adjacent cell enter start time and then end time. (ctrl+shift+;)
Just round to closest 30 minutes - plug a small amount of time to admin everyday.
Well for one, stop jumping around. Take a section and take it as far as you can, this will save you a lot of inefficiencies. Get through cash, come up with a list of questions and open items, then move to AR. You should bill all time worked. Budget is not your problem, but if you're wasting time reading ahead and not actually working, that's not billable.
Do you have any advice how I should manage the audits better so I have mostly billable hours? I do work for a smaller firm where engagements tend to be around $20K.
I have my timesheet always open. As a manager its hard to track if you have multiple clients. I have one of my seniors have an excel with details what she worked on and update real time. I think you should ask you manager how long does it take for the task and work on it and check if it takes longer for you. If its because of the client’s pbc or their fault track the hours and communicate timely to the budget owner.
Check out Clockify, very helpful.