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Old 07-02-2022, 11:01 PM
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Why in yellow then isit for granted that SM with 16 years and no major issue can make partner if hang around?

Seems to be a thing thats happening on the ground also , so not just hearsay
Seconded what poster above says. Don't only look at title. Banks have rampant title inflation until every tom dick and harry is an AVP but means jack ****.

Look at potential drawings and upside.

Have audit fees been generally increasing or decreasing over the years? What about profit margins for audit line in general? Have the number of clients and engagements drastically increased?

Where do you see the industry heading in the next 10 years? Do you envisage regulatory changes that will bring about a massive expansion in the sector?

What is the main area of revenue growth for the Big 4s globally , and to some extent also apply in Singapore. Audit, or consulting?

I think you will find that the answers to the above qns are quite obvious. Then think about whether being an audit partner in Big 4 is really a good deal or not.

Most important thing is whether u have faith in the growth or sustainment of the sector.

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