Can we chat about public co audits? How many firms or individual audit partners are reducing books or avoiding public company audit work altogether?

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OP - why would you?

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Guessing this question is coming from non-big 4 firm partner, for mid tier this is a significant cost and investment to do public company audits, OP—may want to clarify non-big 4 in post for relevant insights

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Correct. Should have asked non b4. Obviously b4 is not going to drop this practice.

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Marcum is reducing! SEC and PCAOB are helping with that strategy!

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At B4 as an audit partner I’m definitely not avoiding public jobs if I want to keep moving up the ladder.

I don’t see any B4 avoiding public co audits

Seems like “reducing book” or “avoiding” work is a hard way to move forward in your career. I certainly wouldn’t mind never getting inspected by PCAOB ever again. But hard to compete without it. I could see if you’re at a small firm avoiding taking on this work. But if you are a top 30ish firm with a sizable audit practice it seems hard to avoid unless you are in some niche markets like government or something.

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