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Q: Big4 - Yearly salary increment

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  #14071 (permalink)  
Old 31-01-2024, 09:53 AM
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My company have changed audit firm 3 times because the auditors always cannot meet the due date for ACRA return filing.

The auditor always got this arrogant attitude that "Is never their fault." even though we furnish all our accounts to the auditor very early.

The audit partner keep say shortage of manpower. Really so many excuses.
Give ppl thing dont give shyt la. Go reflect urself.

Audit copy and paste only. Do so much work for wad. Late is bad.
No excuse. Its just staff not competent and weak. Low end job cannot expect much. Also the fee u paid low, dont expect good service. Common sense.
Go get a new job if u dun wan deal with monkeys

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  #14072 (permalink)  
Old 31-01-2024, 09:57 AM
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Pay up ppl also leave. See the mgr leaving. Its more on purpose and wlb i think
It's not great comparatively. 6 yrs experience can get same pay more wlb, or more pay same wlb elsewhere. Use your brain, pay up your foot, dont fall for firm propaganda can?

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  #14073 (permalink)  
Old 31-01-2024, 10:14 AM
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My company have changed audit firm 3 times because the auditors always cannot meet the due date for ACRA return filing.

The auditor always got this arrogant attitude that "Is never their fault." even though we furnish all our accounts to the auditor very early.

The audit partner keep say shortage of manpower. Really so many excuses.
If your accounts no issue, 2 weeks 2 ppl also can settle. So it's a you problem. Anyway nowadays fees are 5 figures only, pay our IT services and partner charge rate for meetings also gone already.

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  #14074 (permalink)  
Old 31-01-2024, 10:27 AM
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It's not great comparatively. 6 yrs experience can get same pay more wlb, or more pay same wlb elsewhere. Use your brain, pay up your foot, dont fall for firm propaganda can?
Use ur c0*k brain can? and go read news.
Low value job give u 50 buck up u should be happy alrdy.
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  #14075 (permalink)  
Old 31-01-2024, 10:29 AM
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If your accounts no issue, 2 weeks 2 ppl also can settle. So it's a you problem. Anyway nowadays fees are 5 figures only, pay our IT services and partner charge rate for meetings also gone already.
Job recovery not even 20%, not enough cover staff salary. Lmao, serve them right, anyhow hire. 40hrs job now stuck for so long and need more supervision.
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  #14076 (permalink)  
Old 31-01-2024, 11:39 AM
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Why would they? Just join tech and get 5k pay with better wlb. If passion for accounting, join mnc or sme with 3k pay and better wlb. the bonus and benefits are better so the total comp actually ends up the same as auditors.

No good comp, no wlb. who wanna join? you worry then go convince the partners to change for real ok? no cutting bonus to bump basic nonsense because total comp is same.

Your partners are the one outsourcing to those countries. I know people who are in ISCA and ACRA and they can only advise audit partners but as usual the partners don't care. in SG not mandatory = no need, advise = no need.
Hire foreigners got quota leh.

If not, every audit firm would be hiring foreigners to fill in the jobs.
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  #14077 (permalink)  
Old 31-01-2024, 12:13 PM
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I'm really worried our local graduates in their 20s are not joining the audit industry.

What I am most worry is ISCA or our audit industry will start to look for people from India, the Philippines, Myanmar and Vietnam
As an auditor let me give you some assurance, at the b4 level, what you have mentioned above is already happening and at a rapid pace, will not be surprised if subsequently you just have a local manager with the rest of the team being offshored
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  #14078 (permalink)  
Old 31-01-2024, 01:00 PM
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As an auditor let me give you some assurance, at the b4 level, what you have mentioned above is already happening and at a rapid pace, will not be surprised if subsequently you just have a local manager with the rest of the team being offshored
Our CEO is very unhappy with the audit firm. He is concern about his remuneration being audited by the offshored team.
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  #14079 (permalink)  
Old 31-01-2024, 01:17 PM
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Our CEO is very unhappy with the audit firm. He is concern about his remuneration being audited by the offshored team.
You can pay extra to have SM or partner personally audit your payroll you know? That's what the banks here do.
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  #14080 (permalink)  
Old 31-01-2024, 01:23 PM
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You can pay extra to have SM or partner personally audit your payroll you know? That's what the banks here do.
We don't mind paying SM or partner to audit our payroll.


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