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Q: Big4 - Yearly salary increment

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  #17091 (permalink)  
Old 24-05-2024, 02:30 PM
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Need to refer to wiki means you are likely quite young and not around the accounting scene back in 2009.

Please look up “Committee to Develop the Accountancy Sector”

The CDAS was formed by the Ministry of Finance in December 2008 to undertake a holistic review of the Singapore accountancy sector and profession, with the aim to position Singapore as a leading international centre for accountancy services and professionals. The CDAS, which is chaired by Mr. Bobby Chin, Chairman of the Singapore Totalisator Board and formerly managing partner of KPMG LLP Singapore, comprises leading members of the accounting profession, the business community, academia and the public sector.

You can find the full report on ACRA website and also all members.

Their first recommendation resulted in what you know call SCAQ.
If you read the full report, all their identified Strategic Thrusts, Goals are quite ambitious and their recommendations are solid.

But clearly the evolving expectations of the younger generation could not have been predicted back in 2009.

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  #17092 (permalink)  
Old 24-05-2024, 02:36 PM
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Quote:
Originally Posted by Unregistered View Post
Need to refer to wiki means you are likely quite young and not around the accounting scene back in 2009.

Please look up “Committee to Develop the Accountancy Sector”

The CDAS was formed by the Ministry of Finance in December 2008 to undertake a holistic review of the Singapore accountancy sector and profession, with the aim to position Singapore as a leading international centre for accountancy services and professionals. The CDAS, which is chaired by Mr. Bobby Chin, Chairman of the Singapore Totalisator Board and formerly managing partner of KPMG LLP Singapore, comprises leading members of the accounting profession, the business community, academia and the public sector.

You can find the full report on ACRA website and also all members.

Their first recommendation resulted in what you know call SCAQ.
They got the idea from USA CPA Exam and Hong Kong QP exam?

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  #17093 (permalink)  
Old 24-05-2024, 02:40 PM
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are you stupid? cfm a msian acca dog
No. why do you think so?

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  #17094 (permalink)  
Old 24-05-2024, 02:46 PM
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Quote:
Originally Posted by Unregistered View Post
Need to refer to wiki means you are likely quite young and not around the accounting scene back in 2009.

Please look up “Committee to Develop the Accountancy Sector”

The CDAS was formed by the Ministry of Finance in December 2008 to undertake a holistic review of the Singapore accountancy sector and profession, with the aim to position Singapore as a leading international centre for accountancy services and professionals. The CDAS, which is chaired by Mr. Bobby Chin, Chairman of the Singapore Totalisator Board and formerly managing partner of KPMG LLP Singapore, comprises leading members of the accounting profession, the business community, academia and the public sector.

You can find the full report on ACRA website and also all members.

Their first recommendation resulted in what you know call SCAQ.
Bobby Chin Yoke Choong was the Managing Partner of KPMG Singapore from 1992 until his retirement in September 2005. He is an associate member of the Institute of Chartered Accountants in England & Wales.

Maybe that's why now all the RMA signed was with ICAEW (Chartered Accountants Worldwide)
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  #17095 (permalink)  
Old 24-05-2024, 03:09 PM
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why is it that kpmg new salary for fresh grad of 4.3k so high compared to the rest?
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  #17096 (permalink)  
Old 24-05-2024, 03:48 PM
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why is it that kpmg new salary for fresh grad of 4.3k so high compared to the rest?
Historically KP is the only Big4 which pays higher based on honors class.
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  #17097 (permalink)  
Old 24-05-2024, 04:17 PM
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why is it that kpmg new salary for fresh grad of 4.3k so high compared to the rest?
KPMG lets the senior in charge of each engagement to provide feedback and ratings for the team. Not getting along with your senior means PIPs and let them slack off while they push their work onto the rest of the team. Also guess where most of the seniors come from?
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  #17098 (permalink)  
Old 24-05-2024, 04:46 PM
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KPMG lets the senior in charge of each engagement to provide feedback and ratings for the team. Not getting along with your senior means PIPs and let them slack off while they push their work onto the rest of the team. Also guess where most of the seniors come from?
hmmm but dont other firms practice this as well? interned in one of the firms and junior team members also mainly seek feedback from seniors
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  #17099 (permalink)  
Old 24-05-2024, 06:06 PM
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Anyway now in SCAQ Telegram chat. Someone asked this:
Hi, may I know if there are any updates on potential ACCAxISCA mra for mutual membership.

ISCA scaq team replied:
Hi xxxx, we are working with ACCA to explore more pathways for ACCA members towards CA (Singapore) membership. Meanwhile, ACCA members can become ISCA Associate members too. Keep a look out for our announcement within the next few months.

So yea, I guess ISCA gonna screw the pre-2020 batches further. Just a matter of abit more time.
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  #17100 (permalink)  
Old 24-05-2024, 06:19 PM
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Pre-2020 batches still around meh?

Wouldn’t most of them have left after 3 years.
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