Join us for an in-depth conversation with Jerry Maginnis, a retired Big Four audit partner, as he responds to criticisms and discusses the value of financial statement audits. Topics include: audit quality, staff work conditions, complexity in accounting standards, PCAOB inspections, audit fees and staff salaries, simplification of accounting standards, and the role of audits in capital markets. Jerry also shares career advice for young auditors and his motivation behind writing a book.

Jerry Maginnis, an experienced accountant with over 40 years of experience, shares advice for young accountants on building a successful career. He emphasizes the importance of soft skills, navigating busy season, expanding business acumen, and the pros and cons of different career paths. This episode offers indispensable guidance to maximize your career as an accountant.