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Q: Big4 - Yearly salary increment

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  #18691 (permalink)  
Old 16-07-2024, 10:55 AM
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must engage those smal- *ahem* bespoke audit firms some even will have the partner directly managing the audit for you

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  #18692 (permalink)  
Old 16-07-2024, 10:56 AM
DecorumEDMW
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Originally Posted by Unregistered View Post
The client wants us to conduct the audit at the lowest possible cost. However, the auditor cannot agree to a low fee because they have determined that the client poses a high risk. Despite this assessment, the client is unwilling to accept a higher fee.

On the other hand, the audit partner aims to maintain a high fee and achieve a good profit margin. As a result, the budgeted time and costs allocated to the audit staff are minimised, leading to the staff having to use their personal time to complete the audit.

This situation highlights a conflict where the client does not want to pay a high fee, while the audit partner seeks a high fee and a high profit margin, causing the audit staff to suffer due to the reduced budget and increased workload.
Cos audit report not much value add.

Its a compliance cost

Thats all.

These kind of costs that do not drive revenue , companies will keep it low

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  #18693 (permalink)  
Old 16-07-2024, 12:16 PM
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Stupid auditors good for nothing

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  #18694 (permalink)  
Old 16-07-2024, 12:40 PM
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whats the pay now? care to share?

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Yellow:
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  #18695 (permalink)  
Old 16-07-2024, 03:15 PM
DecorumEDMW
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Quote:
Originally Posted by Unregistered View Post
The client wants us to conduct the audit at the lowest possible cost. However, the auditor cannot agree to a low fee because they have determined that the client poses a high risk. Despite this assessment, the client is unwilling to accept a higher fee.

On the other hand, the audit partner aims to maintain a high fee and achieve a good profit margin. As a result, the budgeted time and costs allocated to the audit staff are minimised, leading to the staff having to use their personal time to complete the audit.

This situation highlights a conflict where the client does not want to pay a high fee, while the audit partner seeks a high fee and a high profit margin, causing the audit staff to suffer due to the reduced budget and increased workload.
And this is compounded by some of their attitude problems

1. Stingy
2. Perfectionist

If both 1 & 2, best to resign
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  #18696 (permalink)  
Old 16-07-2024, 03:26 PM
DecorumEDMW
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U all ever kana these bosses?

If you make 1 mistake he/she will tell you

“Wah you CA SG how come can have decimal place error”

Then when they make major material mistake you point out
They say “oh thanks for info”

This kind of boss is the worst
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  #18697 (permalink)  
Old 16-07-2024, 03:34 PM
DecorumEDMW
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Originally Posted by DecorumEDMW View Post
U all ever kana these bosses?

If you make 1 mistake he/she will tell you

“Wah you CA SG how come can have decimal place error”

Then when they make major material mistake you point out
They say “oh thanks for info”

This kind of boss is the worst
decimals rounding error*
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  #18698 (permalink)  
Old 16-07-2024, 03:51 PM
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Originally Posted by DecorumEDMW View Post
U all ever kana these bosses?

If you make 1 mistake he/she will tell you

“Wah you CA SG how come can have decimal place error”

Then when they make major material mistake you point out
They say “oh thanks for info”

This kind of boss is the worst
moi boss dont even know how to use shared folders or shared excel file then keep amend and send back new file even after we share the file with him
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  #18699 (permalink)  
Old 16-07-2024, 08:22 PM
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are the auditors becoming rare now and more valuable nowadays?

seem like very hard to get auditor now

I looking for audit firm but all charge very high
well suck it up, cost of people going up. it is cus of fkers like you who underpay and keep trying to lowball that the industry is like this.
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  #18700 (permalink)  
Old 16-07-2024, 09:56 PM
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Originally Posted by Unregistered View Post
moi boss dont even know how to use shared folders or shared excel file then keep amend and send back new file even after we share the file with him
Some very blur

Dunno their mind fly to where. Never check the lead schedule, font bold big big still can summon me

Got a few never read email then need to explain to them all over again
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