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When I think technical for senior auditors - it revolves around a few items:
1) Risk assessment - understanding the different levels of risk and what the most likely significant risk areas are (fraud/journal entries/revenue) versus lower risk areas (cash/expenses).
2) Assertions - understanding what the assertions are and how they are applied to different areas and why. (i.e. completeness for accounts payable - because the risk is liabilities are understated).
3) Procedures - understanding what typical procedures you may do for various areas. Analytics, substantive testing/sampling, and/or confirmations.
I would think they are trying to get a feel for your understanding of the why behind items and how they flow from the various stages of the audit - from planning to execution and wrap up. If you have a good understanding of these things, you should be able to field any technical questions they may have for you.
Thanks for the response! This is genuinely a very insightful perspective to look at.