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Q: Big4 - Yearly salary increment

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  #15631 (permalink)  
Old 07-04-2024, 10:59 AM
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no one here managed to find a job the last few months? exit for seniors this bad?
Lol garbage profession. Even if u apply isca they also reject. Still say a lot opplrtunity
My !£@:!!



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  #15632 (permalink)  
Old 07-04-2024, 11:40 AM
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Hi all, I was asked this question during a technical accounting interview.

A company received a $50,000 invoice for upgrading works on a PPE. The company made a 40% down payment on the invoice. No upgrading work has started yet. What are the correct journal entries?

Option 1:

Dr Prepayment 20,000
Cr Cash 20,000

Option 2:

Dr PPE 50,000
Cr Cash 20,000
Cr Accounts Payable 30,000
Lol if your answer was any of the 2, you not getting a call back.

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  #15633 (permalink)  
Old 07-04-2024, 11:44 AM
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i know one audit senior comes from a well to do family from Malaysia

he can anytime resign and go back Malaysia to shake leg

his house is very big in Malaysia

his family got a business in Malaysia

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  #15634 (permalink)  
Old 07-04-2024, 12:00 PM
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Lol garbage profession. Even if u apply isca they also reject. Still say a lot opplrtunity
My !£@:!!
Yea, that’s why it's best to endure and finish the 3 years in Big 4. can only change ATO once.
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  #15635 (permalink)  
Old 07-04-2024, 02:19 PM
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This seems to be an asian thing? I was working in an ang moh country and the latest finance dept works until is 8pm.
Maybe it is a female dominated profession plus Asian subservient culture and female managers don’t know how to manage and negotiate deadlines cause they are scared of losing face and offending higher ups.
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  #15636 (permalink)  
Old 07-04-2024, 03:04 PM
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Maybe it is a female dominated profession plus Asian subservient culture and female managers don’t know how to manage and negotiate deadlines cause they are scared of losing face and offending higher ups.
Are there more females than males in audit ?
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  #15637 (permalink)  
Old 07-04-2024, 03:54 PM
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I feel gen Z associate affect my career progression
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  #15638 (permalink)  
Old 07-04-2024, 04:02 PM
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I think by now ISCA and Big4 realised cannot rely on Gen Z already??
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  #15639 (permalink)  
Old 07-04-2024, 04:08 PM
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I think by now ISCA and Big4 realised cannot rely on Gen Z already??
Yes. They are taking counter measures already.

There will be some changes in the days ahead.

But there is a lag time between implementation and seeing results.

Sucks for you if you are in the transition batch.
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  #15640 (permalink)  
Old 07-04-2024, 04:09 PM
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Are there more females than males in audit ?
I don’t have any statistics but my eyes tells me the answer to your question is yes.
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