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Audit partner

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Audit partner

  • This topic has 2 replies, 3 voices, and was last updated 7 years ago by Ken Garrett.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • May 15, 2018 at 7:04 pm #452159
    michaelsamiotis
    Participant
    • Topics: 47
    • Replies: 27
    • ☆☆

    Hello sir and thank you for your lectures. I am confused in the following: If I am an audit senior of an audit firm, WHO is my partner? I find this in many questions but I got confused. I guess it’s the audit company but I am not really sure. Thank you very much.

    May 15, 2018 at 7:26 pm #452161
    anazoric
    Participant
    • Topics: 36
    • Replies: 59
    • ☆☆

    Piggybacking Michael’s question,
    There’s also the audit manager. Is there a hierarchy we should know about? Also, what roles do they perform in the audit process. For example, when you’re assessing audit risk for classes of accounts/ assertions during the planning process, and you have to speak with management or do substantive procedures, who exactly will do what?

    May 15, 2018 at 8:35 pm #452167
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    Hierarchy for an audit engagement cn be~: Partner, manager, Supervisor, Junior staff.

    Your partner varies with the assignment and will be the engagement partner for each assignment.

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