outside of listco, most FS is only used for regulatory compliance. throw in 20 NTAs that nobody ever actually pays attention to. its very difficult low value work for a crap pay.

the industry is disjointed with reality, maybe some of the partners know this but are so close to retirement that they cant be bothered to fix it, the other half are just so high up the food chain they dont know that the quality of staff nowadays cant even give a correct journal entry or just accept this as reality to preserve their margins.

either way any accountant worth 2 cents would not be in audit and would have left for greener pastures as you said. perhaps there are some clinging on to the partner dream, but as many have said there are a lot of better ways to earn money and live a decent life.

the best part is audit is an all time low, but the bottom is no where in sight

its not hard to get in, the bar to enter the big 4 now is as long as you draw breadth, we have people from universities i never hear of before, people who are in their late mid 30s joining as a1s, non accountancy grads. cant imagine what mid tier and below is like lol

Happy CNY to those doing stocktake on CNY! Rmb to report to work early tmr!

Just threw my letter earlier today - onwards to a new chapter

Dear colleagues happy cny. As you are aware, our team members from my has returned home for cny and is expected to return back to office after the week of 13th. Remaining team members please have the file ready for preliminary review next week ehen we return to office.

Happy cny.

Sounds familiar??

Respect, new year new job. Welcome to 6 figs club.

You are from SCAQ?

A person who not working in ATO unable to attempt Professional module leh. How to get himself/herself as CA ?

Sounds very familiar from my A1 days.

but GOOD NEWS:

In the last 5 years, more noticeable in the past 2, the generation of hard-pushing senior managers have left the firm, and the newer generation of managers are A LOT more reasonable.

Nowadays really got "human rights" already. Those horror stories or unreasonable demands have toned down, and I think it's only right we start sharing more recent culture rather than let the old timers harp on how badly they were treated years ago.

Hello, I'm not from ISCA but I'm someone working in the accounting industry so can help to answer... your concern was also one who was raised by your peers/friends.

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To enhance the SCAQ's practical experience component, a review on the practice experience policy and requirements need to be performed. This may include the scope of the relevant work experience recognised as well as the requirement for candidates to be working with an ATO.

One recommendation is to allow SCAQ candidate to work under the supervision of an approved mentor without a need for the organisation to be accredited.

ATOs will continue to remain as the main training pathway for candidates. The recognition of work experience under an approved mentor should only be utilised in situations where the candidate's new organisation does not want to be accredited.

Outreach to new employers would also be critical to increase the number of ATOs.
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So it sounds like ATO will remain the "main" path, but they will continue to increase number of ATOs while giving candidates a chance to change job to a non-ATO but under approved mentor.

Can u tell them to stop the bs. Some small cpa firms have partners with 30 to 40 yoe better than those b4 and mid tiers but they are not ato. These firms have better quality than ur b4 and mid tiers. If you are a regular seminar person its not difficult to see the current partners are full of bs.