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Q: Big4 - Yearly salary increment

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  #17261 (permalink)  
Old 27-05-2024, 10:35 AM
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the mindset to fly la..

now gen z so daring, try this try that..
if u wanna be traditional to work from btm, u forever stay low.

u being in audit explains it all
Not op, It's good to be daring. the only way to advance beyond your current rank is to exit from audit.

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  #17262 (permalink)  
Old 27-05-2024, 10:39 AM
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anyone here is an audit manager born in 1994?

How are you guys coping with audit seniors born in 1998?
1993 here. Last man standing in my division.

Legit - Iím the only true-blue local uni graduate who went from A1 to Manager. All other Managers in my team are mid career hires or transfers from Malaysia.

Of my original intake, only 4 of us left in audit.

Other divisions still have, but I feel so alone sometimes.

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  #17263 (permalink)  
Old 27-05-2024, 10:52 AM
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They don't want. They don't want to start from bottom.

All want to sit my position. They think my position is easy.
I donít think manager role is as easy as it seems. They have to present to the client during AC meetings, plan budgets, find problems in the audit before you get kenna whacked by EP, and juggle a few engagements at the same time.

Some engagements are not so straightforward. If you donít start from the bottom, you wonít know all the technical terms or how the audit is done. But of course, the A1 work may seem a bit easy for local university graduates.

In terms of mental endurance, not everyone has the ability to last until becoming a manager. Many will drop out in less than a year or so because of mental stress and burnout. Imagine having to work close to 90% of the year. the fact that someone can even make it to manager means that their endurance is above average. I think fresh grads can try for a year or so to see if they can even last through a few cycles of peak.



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  #17264 (permalink)  
Old 27-05-2024, 10:56 AM
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Not op, It's good to be daring. the only way to advance beyond your current rank is to exit from audit.
Exactly! The uni students nowadays will try all the different internships or even start a business.

The mindset of start low is so outdated.
Why study so hard to start low?????

Lol.
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  #17265 (permalink)  
Old 27-05-2024, 10:58 AM
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I donít think manager role is as easy as it seems. They have to present to the client during AC meetings, plan budgets, find problems in the audit before you get kenna whacked by EP, and juggle a few engagements at the same time.

Some engagements are not so straightforward. If you donít start from the bottom, you wonít know all the technical terms or how the audit is done. But of course, the A1 work may seem a bit easy for local university graduates.

In terms of mental endurance, not everyone has the ability to last until becoming a manager. Many will drop out in less than a year or so because of mental stress and burnout. Imagine having to work close to 90% of the year. the fact that someone can even make it to manager means that their endurance is above average. I think fresh grads can try for a year or so to see if they can even last through a few cycles of peak.
Agree with the mental endurance part but donít you think this is really toxic and should change? Instead of us calling out the kids as strawberries, how about we change the culture so people donít burn out?

For me, The past 8 years were fairly manageable despite the tense moments.

My mental endurance is not the strongest - I really crumbled and broke down during BMT when screamed at and forced under pressure, but it made me stronger.

When you block out unnecessary distractions, stop caring about what others think or say about you, follow your own moral compass and do what is right, you can easily outlast the competition.
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  #17266 (permalink)  
Old 27-05-2024, 11:03 AM
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Exactly! The uni students nowadays will try all the different internships or even start a business.

The mindset of start low is so outdated.
Why study so hard to start low?????

Lol.
Itís more acceptable during my time. 先苦后甜 where you are playing a late game hero. Delayed gratification.

From another forum, someone shared the sushi apprentice example. If you want to learn under a master chef, you spend years doing grunt work before even stepping into the kitchen. And when you enter the kitchen, you start with washing dishes and chopping vegetables before even touching sushi.

A soba chef in Japan has to apprentice for over 5 years to learn the requisite skills, and three of those are spent just learning how to make the dough.
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  #17267 (permalink)  
Old 27-05-2024, 11:10 AM
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Itís more acceptable during my time. 先苦后甜 where you are playing a late game hero. Delayed gratification.

From another forum, someone shared the sushi apprentice example. If you want to learn under a master chef, you spend years doing grunt work before even stepping into the kitchen. And when you enter the kitchen, you start with washing dishes and chopping vegetables before even touching sushi.

A soba chef in Japan has to apprentice for over 5 years to learn the requisite skills, and three of those are spent just learning how to make the dough.
how to compare?

People NTU, NUS, SMU graduates leh.

So many job opportunites for them
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  #17268 (permalink)  
Old 27-05-2024, 11:11 AM
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material accounting policy information vs summary of significant accounting policies

Why changed?

UK audit standards setter suddenly realised "material" makes them more wet below is it?

Material vs Significant what is the different?
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  #17269 (permalink)  
Old 27-05-2024, 11:12 AM
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1993 here. Last man standing in my division.

Legit - Iím the only true-blue local uni graduate who went from A1 to Manager. All other Managers in my team are mid career hires or transfers from Malaysia.

Of my original intake, only 4 of us left in audit.

Other divisions still have, but I feel so alone sometimes.
Share your working experience working with folks born in 1998, 1999 and 2000s
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  #17270 (permalink)  
Old 27-05-2024, 11:17 AM
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how to compare?

People NTU, NUS, SMU graduates leh.

So many job opportunites for them
Go apply lor, no one is stopping you from applying jobs. In audit still same pay as all other grads. Lmao partners donít care which school youíre from or whether you got more opportunities or not.
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