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Q: Big4 - Yearly salary increment

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  #12941 (permalink)  
Old 23-12-2023, 03:32 PM
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Having to take SCAQ papers to get the CA title is so stressful.. while my Malaysian colleagues all have ACCA and are already certified CA with ACCA, no degree and started their career at a very young age! Iím so behind my peers and time.. 😥
Why do you want or need the CA title anyway?

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  #12942 (permalink)  
Old 23-12-2023, 04:03 PM
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Having to take SCAQ papers to get the CA title is so stressful.. while my Malaysian colleagues all have ACCA and are already certified CA with ACCA, no degree and started their career at a very young age! Iím so behind my peers and time.. 😥
Huh.. acca not even degree. Acca lost its value since scaq dont let them convert to ca sg.

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  #12943 (permalink)  
Old 23-12-2023, 05:42 PM
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Why do you want or need the CA title anyway?
yalor. CA title only important if you want to be audit partner, CFO, financial controller



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  #12944 (permalink)  
Old 23-12-2023, 07:25 PM
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Glcs are toxic , sinkies self pawn sinkie.

Basically accounting is busy
go big 4/mnc, kpkb many chao jhk, ceca, pinoy ft

go glc/civil service, kpkb sinkie pwn sinkie

like that how?
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  #12945 (permalink)  
Old 23-12-2023, 09:23 PM
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Apart from Data Analytics tools , there are not much of difference in term of technology comparing performing audit during 20x0 and now.

These day even better, when most of the firm do not keep hardcopy audit file.

Whoever that in this industry are required to keep up with the requirements and demand of the industry such as changes in the auditing/accounting standards, new isqm/ frs ( that effectives), Sgx requirements.

If genZ do not like this industry, the number of practitioners in the futures will be lesser as the industry is not appealing to GenZ.

Each of the generation have their own fair share of stress and difficulties.

Do not complain later when all the practitioners in the future are foreigner.

Hopefully ISCA can do something

Btw, i am genY

This is just my view toward current GenZ
I rather **** jobs like these be all foreigners. Leave the good jobs to locals.
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  #12946 (permalink)  
Old 23-12-2023, 11:01 PM
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Why do you want or need the CA title anyway?
SG is a meritocracy country, to be the best/earn more than the rest, of course u need to have CA , which is hard to get now


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  #12947 (permalink)  
Old 23-12-2023, 11:03 PM
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yalor. CA title only important if you want to be audit partner, CFO, financial controller
Wan to earn high pay in this industry then need to be those role that you mentioned la.
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  #12948 (permalink)  
Old 24-12-2023, 07:36 AM
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Why do you want or need the CA title anyway?
If staying in accounting, CA is still good to have!


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  #12949 (permalink)  
Old 24-12-2023, 08:01 AM
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If staying in accounting, CA is still good to have!
But why join accounting in the first place?

Most other fields donít have such requirement to study after graduating.

I can only think of Law which requires extensive study and experience to join the Bar, but that is a far more prestigious field.
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  #12950 (permalink)  
Old 24-12-2023, 08:55 AM
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But why join accounting in the first place?

Most other fields donít have such requirement to study after graduating.

I can only think of Law which requires extensive study and experience to join the Bar, but that is a far more prestigious field.
Law partners starting 200k+ and 6-7 years can become partner already, but earnings potential can be 10x to 20x of audit MD. Earnings is % of deal size AND actual hours unlike audit after all.

Audit partner starting low 200k after like 15 years at least, local MD only 1m-2m. Own firm need to offer corpsec as well to earn more but no multiple 10m penthouse at NYC London Roppongi Sydney.

Source: relatives who are current partners in different fields advising the kids in our family what to get into. Accounting is one to avoid lol. Only do advisory if bo bian no other offers or as internship as stepping stone.
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