I think auditors that work on public engagements should get paid more than auditors that do not. What are your thoughts?

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Wouldn't the audit quality suffer for engagements that pay less? Since the public job gets paid more, the top Associates/managers would flock there leaving the private jobs for the mid/low staff. That'll have an impact on the Audit quality of the engagement, i assume

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Typically, you have to do more detail testing on private engagements (or any engagement) when you don't take a control reliance approach.... so no...

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Typical pubco auditor who thinks he/she's a big deal because of the client he/she works on 🙄

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Not at all. I’ve primarily been on private clients but currently on a public job and it makes me question my career choice

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Disagree personally. I've worked on both and both have pros/cons. And in my office at least, you're usually consistently on both

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I was in Private and my team was working way harder than others in public. Of course we were very specialized and had a specific type of private clients but still if this was ever implemented it should be on a case by case basis or not implemented at all

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My thought is if you have an opinion you should say why

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In my experience, public engagements generally have longer hours, higher fees, and are more important to the firm/industry

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The risk is with the partners signing those public jobs. I’m pretty sure they get paid more.

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Disagree. I’ve seen all types suck. Also you would have some morale issues with that I think.

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How would you track this? If someone spent one week on a public company would that count?

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Private Client Services is paid less than, Public, and specialists make more than Public....I've known multiple people who took pay cuts in the transfer (stayed the same level)

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No way. Atleast public jobs have actual competent staff, at that point it's a tik and tie, a lot of non public is problem solving with incompetent clients.

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You know that a lot of times, associates and even seniors don’t have much say on the engagements they’re on. That would be bullshit

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