Q: Big4 - Yearly salary increment

Why do audit seniors all wants to avoid construction, inventory and group audit cases?

I thought can get more exposure?

Shortlisted for a junior position but need to attend a written assessment, is handphone allow during the assessment?

Good that Malaysian ep cannot get approved. Will b real shortage of hands soon. Pressure Partners to further up salary and wlb

Originally Posted by Unregistered

Why do audit seniors all wants to avoid construction, inventory and group audit cases?

I thought can get more exposure?

Pls allow me to share. Construction industry u have to deal with revenue issue. Not accounting matters but administrative issues. Such as whether records are properly kept or updated. You will spend 90% of the time sorting out messy and shty records.

For inventory.. no auditors like to do inventory. Especially for provision for slow moving goods and review of provision policy.
Another area is standard costing or work in progress review.

Group audit is waste of time. You will spend 90% or more of your time chasing the component auditors rather than doing the actual audit work. Plus group audit timeline is usually tight due to reporting matters.

The above is not challening technically. Just waste time doing meaningless stuff.

Originally Posted by Unregistered

Pls allow me to share. Construction industry u have to deal with revenue issue. Not accounting matters but administrative issues. Such as whether records are properly kept or updated. You will spend 90% of the time sorting out messy and shty records.

For inventory.. no auditors like to do inventory. Especially for provision for slow moving goods and review of provision policy.
Another area is standard costing or work in progress review.

Group audit is waste of time. You will spend 90% or more of your time chasing the component auditors rather than doing the actual audit work. Plus group audit timeline is usually tight due to reporting matters.

The above is not challening technically. Just waste time doing meaningless stuff.

Lol but most engagements have group audits, you can’t avoid it. It’s just a matter of how big the group is.

Construction can be interesting, but the exit opportunities are a bit limited (my perspective from job search)

Originally Posted by Unregistered

Lol but most engagements have group audits, you can’t avoid it. It’s just a matter of how big the group is.

Construction can be interesting, but the exit opportunities are a bit limited (my perspective from job search)

Hahaha if u do 30 plus subsi u try lo. See u high anot.

I noticed most of the associates' their parents have a job and attended formal education?

Does it mean that the young associates can resign anytime they want because their family don't require income from them?

Also, they don't have BTO loan or car loan so anytime can resign?

Originally Posted by Unregistered

Pls allow me to share. Construction industry u have to deal with revenue issue. Not accounting matters but administrative issues. Such as whether records are properly kept or updated. You will spend 90% of the time sorting out messy and shty records.

For inventory.. no auditors like to do inventory. Especially for provision for slow moving goods and review of provision policy.
Another area is standard costing or work in progress review.

Group audit is waste of time. You will spend 90% or more of your time chasing the component auditors rather than doing the actual audit work. Plus group audit timeline is usually tight due to reporting matters.

The above is not challening technically. Just waste time doing meaningless stuff.

How can you say your client's records are shty? LOL

Why auditors all don't like inventory or work in progress?

Today my partner asked me

"Seriously, how much do we need to pay local university graduates to get them to join us?"

"Do we really need to pay them $7,000 and beg them to join us?"

is 2024 still got ppl believe in things like “exposure “???