Q: Big4 - Yearly salary increment

accounting reallly overpaid job. easily 8k. no wonder ppl keep promote accounting.

easy money

Originally Posted by Unregistered

accounting reallly overpaid job. easily 8k. no wonder ppl keep promote accounting.

easy money

How much are you paid?

Originally Posted by Unregistered

Will the advantage over other candidates start to diminish when moving out to a commercial role if you stay in audit past Senior 1?

For eg, if you are Senior 2 and doing the exact same job scope and engagements as Senior 1. The only difference being a pay increase?

No diff la. There are thousand more ppl out there.

Originally Posted by Unregistered

Will the advantage over other candidates start to diminish when moving out to a commercial role if you stay in audit past Senior 1?

For eg, if you are Senior 2 and doing the exact same job scope and engagements as Senior 1. The only difference being a pay increase?

No diff between ex auditor va any commercial candidate
Trust me which big 4 u from which team which engagement which rank nobody GAF

Originally Posted by Unregistered

No diff between ex auditor va any commercial candidate
Trust me which big 4 u from which team which engagement which rank nobody GAF

What about tax or consulting?

Originally Posted by Unregistered

What about tax or consulting?

Tax is not useful.

Consulting - the better ones go to EY pathenon / Monitor Deloitte.
Even better MBB / boutique consulting like oliver wyman

Originally Posted by Unregistered

What about tax or consulting?

tax just go IRAS… best exit iron rice bowl, high bonus. Ex mgr and Senior colleagues who went there still working happily after 3-5 years…

Commercial tax industry is too small in sg. Only small handful of MNCs will have separate tax department to hire tax mgr. and the pay bump not great. Career progression slow

Originally Posted by Decorum

SCAQ - White Collar version of Mao’s Great Leap Forward which brings bigger manpower cost for salary expenses and effectively killed the next generation of accountants

You become overqualified for the job that you do and outpricing yourself for the labour market where cheaper, better and faster is the key

Which also has zero value add to Accountancy sector growth where Gen Z only wants instant gratification with low working hours and ease of obtaining CA qualification

Thus we end up killing the accountancy sector and now backtracking

Audit Sector - race to the bottom for lowest fees, your enemies are your compatriots in commercial who strive to block your fee increases

Commercial - you are cost center and 1 headcount to do 3 person work

Well summarised for the whole accounting sector. For the scaq prt they think making u-turn for current and future undergrad gonna save the "oh, lack of sporean wanna be accountant/auditor". Continue the dream. The scaq shouldnt even be there.

Originally Posted by Unregistered

i despise u for not working hard enough in your secondary sch / JC / Poly / uni.
thats why u can whine here.

boooo

Lol u clearly is one of those worse than nvr studied hard enough. For those that have to do the 5 papers to get their CA were in the AAA/B batch. The sandwiched batch that was not covered by the 5 day PAC but still expected to get this result to have a place in local uni. After that, expected to clear the 5 isca papers. If you only need to do 1 capstone after ur uni days, dun try to say u or ur uni cert is better than them, its obvious.

Originally Posted by Decorum

SCAQ - White Collar version of Mao’s Great Leap Forward which brings bigger manpower cost for salary expenses and effectively killed the next generation of accountants

You become overqualified for the job that you do and outpricing yourself for the labour market where cheaper, better and faster is the key

Which also has zero value add to Accountancy sector growth where Gen Z only wants instant gratification with low working hours and ease of obtaining CA qualification

Thus we end up killing the accountancy sector and now backtracking

Audit Sector - race to the bottom for lowest fees, your enemies are your compatriots in commercial who strive to block your fee increases

Commercial - you are cost center and 1 headcount to do 3 person work

If all the ISCA CA all gang up and tell the regulator (ACRA) that only ISCA CA then can touch SGX accounts or Singapore Pte Ltd accounts.

What do you think will happen?

Will ACRA listen to ISCA CA?

If ACRA one day say only ISCA CA then can finalised the management accounts of all Singapore Pte Ltd, those Tom, Dick and Harry accountants will all go out of jobs.

And ISCA CA value will suddenly shoot up.

Ok lah...let's say no need SG Pte Ltd's management accounts

We say only SGX listed company accounts must be prepared by ISCA CA...

Then how?