Related Posts
Walmart sells APs now?
Newbie here! May I have some likes please? Thank you
What is your dream salary? Like your FU number!?
Additional Posts in Accounting
What are some good side gigs to pay off debt?
Will the real Rolex please stand up?
How much do senior 3s make in Texas?
Shout out to the LGBT community here
New to Fishbowl?
unlock all discussions on Fishbowl.
That’s why you have to go to a smaller firm. Every firm lower than rank #10 in vault just rolls forward the documentation and doesn’t actually do walkthroughs like how you are suppose to…they simply take whatever support they tested and call it a day. I can finish all process walkthroughs in a half day. Come join us bud
Pro
^This is why I could never get far in IA interviews because we did exactly this in my old regional firm 😹
I hated doing walkthroughs. The clients always went on tangents and were super defensive. Seniors always made us walk through each of the financial statement assertions for each process step. So there were five x however many steps were in the process to document. Then, the seniors would give tons of review notes even though they said follow last year and signed off on last year’s workpapers which just added a bunch more time on the engagement lol.
Sounds about right like I'd expect from a textbook audit haha