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When I was still in public, generally speaking I reviewed everything as if nothing was reviewed. Until I can trust the senior to make all the necessary detailed checks I can’t bother to trust them. But that takes a few engagements and at least 2 years of me building that trust until I can just pass on certain things and only look at important things or things that is above their level of understanding.
Well I was on the tax side so I’m more so talking about reviewing a provision, tax calc, or returns.
Depends on the preparer. If it's an experienced person or someone I've worked with before, i'll reperform a handful. If I find errors, then i'll review 100%.
But if it's someone who is new or doesn't have a great reputation for completeness/accuracy/attention to detail, i'll review it all.
Ideally if an associate prepared, the senior should be doing 100% reperformance so you should be doing maybe 50% or 25% depending on the risk of the area. But if you don’t know the quality of work then do more.
I reviewed 100%
Not 100% initially but depending on my sample it could be 100% by the end.