reviewing of working papers

Because the partner does not review ALL.

But the senior reviews the juniors' work and the manager reviews the seniors' work .... the audit partner's time is charged out at hundreds of $s an hour! Is it a good use of his time that he reviews the bank rec? Or a schedule of additions to non-current assets? Or results of NRC tests? (Answer NO) The manager will prepare for the partner a schedule of "outstanding points for partner" - this will draw attention to things that demand the partner's attention - like the schedule of uncorrected misstatements.