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Old 02-06-2022, 03:02 PM
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Hi guys, I was an ex audit senior that left for a commercial accounting role. I strongly suggest that if you guys care about the prestige and money just stay put in big 4 and grind through the corporate ladder. You will be handsomely rewarded.

Your audit managers and partners are right, once you go commercial you will be ‘stuck’ and ‘pigeonholed’ in a back office and cost centre roles with very limited progression and measly 3% increment every year. One could be stuck as senior accountant for 5 to 10 or even donkey years who knows. But in audit, you are guaranteed career progression to at least SM level and if you defy all odds and stay on to persevere you will become equity partner one day unless you screwed up. Sky is the limit when you hit equity partner and you will command great respect from ppl around you, unlike commercial roles where you will always be viewed as a back office cost centre (these kind of employees most commercial firms are trying hard to replace u to cut cost). In audit, you are technically a front office/client facing role bringing in the revenue for the firms and hence your career is an iron rice bowl in audit.


The above post holds the truth accept for FO positions in banks, PE, CFO and financial controller positions and critical financial leadership positions in financial institutions, asset management and property companies.
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