Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

why the regulator ACRA and institute ISCA don't understand that audit partners want high profit margin?

If don't want profits, why would the audit partners wants to be a Public Accountants?

Isn't it all about money?

The associates are also very worried that their salaries will eat into the Audit Partners' profit margin.

That's why associates are resigning so that they wouldn't feel being blamed eating to the profit margin of audit firms.

lol associates resign, if can’t find any replacement, seniors tank.

wats the new salary for s1 n above?

Originally Posted by Unregistered

Tbh, is it true that commercial don't want to hire ex-auditors to join FP&A or accounts given the manpower shortage? lol. If not, how come auditors still land jobs in reputable companies in such roles easily

what are you saying?

Originally Posted by Unregistered

Blue
AM:
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
AM: 6100 (before) /
S2: 5500 (before) /
S1: 4800 (before) /
A2: 3800 (before)
A1: 3500 (before)/4300 (after, no bonus)

Orange
AM: 6000 (before) /
S2: 5300 (audit) 5500 (tax) 6000 (cons) (before) // 5600 (After)
S1: 4800 (audit) 5000 (tax) 5500 (cons) (before) // 5050 (After)
A2: 3800 (audit) 4000 (tax) 4500 (cons) (before) // 4500 (after)
A1: 3500 (audit) 3600 (tax) 4000 (cons) (before)/4100 (after, no bonus)

B4 Ca completion bonus 2.5k x 4

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

any updated AM figures

Bump! Any updates? Why does it seem like only yellow and orange folks hang out here? Nobody in black? Yellow ones too dead from being squeezed to even check the forum?

Originally Posted by Unregistered

Blue
AM:
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
AM: 6100 (before) /
S2: 5500 (before) /
S1: 4800 (before) /
A2: 3800 (before)
A1: 3500 (before)/4300 (after, no bonus)

Orange
AM: 6000 (before) /
S2: 5300 (audit) 5500 (tax) 6000 (cons) (before) // 5600 (After)
S1: 4800 (audit) 5000 (tax) 5500 (cons) (before) // 5050 (After)
A2: 3800 (audit) 4000 (tax) 4500 (cons) (before) // 4500 (after)
A1: 3500 (audit) 3600 (tax) 4000 (cons) (before)/4100 (after, no bonus)

B4 Ca completion bonus 2.5k x 4

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

any updated AM figures

Emailing all the big 4 managing partners to ask them to make the salaries similar nao!

Originally Posted by DecorumEDMW

Alot of jods advertisement nowadays emphasise on technical, experience & qualification attributes but very little on character attributes which is quite sad

err how do you interview for someone’s character? everyone is going to be at their best during interview? this is a stupid comment. experience and technical can be gauged in an interview. character is just a show and will only show up when working. if you can even display a morsel of good character during an interview you shouldn’t be getting the job tbh.

that’s also why you have referees when you apply? if you can get 2 people it shows that you are at least a decent human being. your comment is the ultimate reflection of the critical thinking abilities in auditors nowadays.

Originally Posted by Unregistered

err how do you interview for someone’s character? everyone is going to be at their best during interview? this is a stupid comment. experience and technical can be gauged in an interview. character is just a show and will only show up when working. if you can even display a morsel of good character during an interview you shouldn’t be getting the job tbh.

that’s also why you have referees when you apply? if you can get 2 people it shows that you are at least a decent human being. your comment is the ultimate reflection of the critical thinking abilities in auditors nowadays.

Character References is not the only method to test for character

Volunteer work, CCA leadership roles , appointment in external relevant organisations & NS rank

Originally Posted by DecorumEDMW

Go take the paper la

Without getting CA you cannot even smell CFO or Partner level

You need CA to be successful in life lol

Sorry to add on, minimum must be NS Rank Lieutenant to be successful in audit or to be a CFO

This will reflect exemplary leadership ability and character quality

Originally Posted by DecorumEDMW

Character References is not the only method to test for character

Volunteer work, CCA leadership roles , appointment in external relevant organisations & NS rank

yes and all this will be in your resume, i dont see why a job ad will specifically emphasize on all that when the onus is on you to present it to them. you can be a good hearted soul but if you dont have the skills for it then they cant hire you eitherway, then you have to find another way to obtain the skills isnt it.

Originally Posted by Unregistered

Currently a newly promoted senior working in blue and taking the CA qualification.

Having a feeling to quit, but because of SCA it's kind of holding me back. I just left the capstone paper to take, but if I wait till December intake, I need to go through the next peak and honestly, I am dreading it. Knowing the associates are obtaining a similar pay to me while I work way more is quite demotivating also.

Does anyone have experience leaving the big 4 halfway taking the qualification, and did it go well ah?

Don't listen to all the bs. Quit and take continue taking outside. i left and completed my SCA and continue at another ATO. But my suggestion is to get your pay increment first, best case get another bump, worse case is match salary.