Q: Big4 - Yearly salary increment

I noticed all my friends in big4 all resigned once they promoted to audit manager or work as manager after 1 year resigned.

Cannot cope as audit manager?

Feel stress as audit manager?

Sandwiched between clients, juniors, seniors, partners?

Originally Posted by Unregistered

not from this industry...happen to come across this page..actually what makes audit difficult? technicals heavy?complicated?deadlines? see my audit friends working very hard

Imagine a 2 year A-Level syllabus they ask you cram into half a year and dont provide you with enough tutors and lecture materials. Just refer to ten year series will do. And we have ACRA that likes to keep changing syllabus to make themselves useful. Thats audit peak for you.

Originally Posted by Unregistered

stfu u malaysian dog
no singaporeans do audit bro
look around u
only u malaysians JHK do it LOL
because u begging for our 3.5
because u begging for our PR

i wont marry u ha ha ha ha ha
continue to grow my economy using your youth, we may or may not renew your EP, we may or may not renew your PR
HA HA HA HA HA

Continue to pay your landlord for your 1/2 room. Let us retire early! Continue to spend in sg since u live in sg. Singapore economy huat!
Make our SGD stronger, i want go holiday

Poor thing need rent 1/2 room, so better ot in office
Poor thing can go back only weekend LOL


Only malaysians stuck in audit cos their english cmi fail interview
Only malaysians stuck in audit becos no PR cannot find jobs

Singaporeans laughing all the way to the bank bro
Poor thing cannot get hdb grant

Not sure whether you are real singaporean or other nationality trying to sow discord. But hey, pls dont hide behind a monitor and embarrass us.

Public Accountants are so stupid if they charged their client audit fees very low.

Why?

The client used the audit report to go borrow so much money from the banks.

But PA only earn like $100K audit fee only

Originally Posted by Unregistered

I explained to the client that our audit fees are lower because we handle multiple audit engagements simultaneously. If we weren't managing several jobs at once, the fees would be higher. It's similar to a hotel buffet: the cost is $300 because many people are dining. If it were just for one person, it would be $3,000. Additionally, if you need the audit report quickly, we can expedite the process for a premium fee. It's like choosing between a taxi and a bus: paying a higher price ensures faster service and additional resources. Is my analogy OK?

the client will only catch the part where you don't prioritise their project.

say it like this:

i would phrase it like this:

we are able to charge lower because we have very a very specialised team doing this, everyone of us has a great depth of experience doing this, hence we could allocate fewer number of staff to handle thw same amount of work compared to other teams/firms. because we have handled such cases before, we have built RPA/automation tools around this to make our manpower a lot more efficient and procedures more optimised

Blue
S3: 5300 (before)/ 5600 (after october, b4 ca bonus)
5800 (before w Ca)/
S4: 4800 (before) / 5100 (after)
G1:3800 (before) / 4550 (no bonus), 4400 (advisory)
G2:3600(before) / 4350 (no bonus)

Yellow
S2: 5500 (before) /
S1: 4800 (before) /
A2: 3800 (before)
A1: 3500 (before)/4300 (after, no bonus)

Orange
S2: 5300 (audit) 5500 (tax) 6000 (cons) (before)
S1: 4800 (audit) 5000 (tax) 5500 (cons) (before)
A2: 3800 (audit) 4000 (tax) 4500 (cons) (before)
A1: 3500 (audit) 3600 (tax) 4000 (cons) (before)/4100 (after, no bonus)

B4 Ca completion bonus 2.5k x 4

Black
S2:
S1:
A2: 4500 (after)
A1: 4100 (after)

Originally Posted by Unregistered

Not sure whether you are real singaporean or other nationality trying to sow discord. But hey, pls dont hide behind a monitor and embarrass us.

tell me which part of it is untrue?
its all true
if its untrue, i will correct

Originally Posted by Unregistered

not from this industry...happen to come across this page..actually what makes audit difficult? technicals heavy?complicated?deadlines? see my audit friends working very hard

Workload
Project management
People management
Catchup with policies/latest standards
Risk management for firms and yourself

Speaking from M - SM”s responsibility.

Originally Posted by Unregistered

I noticed all my friends in big4 all resigned once they promoted to audit manager or work as manager after 1 year resigned.

Cannot cope as audit manager?

Feel stress as audit manager?

Sandwiched between clients, juniors, seniors, partners?

They might not have what it takes to be M / looking out better wlb as FM in smaller setup/ FM in listed co/mnc

Auditors when die?