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Q: Big4 - Yearly salary increment

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  #19281 (permalink)  
Old 14-08-2024, 09:54 PM
EDMWer
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For SCAQ its touted like Mao’s Great Leap Forward

But

1. No credits offered are given for MBA program

2. We need to have business leaders who already have MBA to take SCAQ and to qualify as Chartered Accountants

If we really want to push the sector to be like doctors/lawyers we need to create more possibilities to value add.

Lets #MAGA Make Accountancy Great Again for 2024 for the elections

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  #19282 (permalink)  
Old 14-08-2024, 11:10 PM
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Quote:
Originally Posted by EDMWer View Post
For SCAQ its touted like Mao’s Great Leap Forward

But

1. No credits offered are given for MBA program

2. We need to have business leaders who already have MBA to take SCAQ and to qualify as Chartered Accountants

If we really want to push the sector to be like doctors/lawyers we need to create more possibilities to value add.

Lets #MAGA Make Accountancy Great Again for 2024 for the elections
23 aug result out. I will be on partner track and revamp the industry.



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  #19283 (permalink)  
Old 14-08-2024, 11:37 PM
EDMWer
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Originally Posted by Unregistered View Post
23 aug result out. I will be on partner track and revamp the industry.
Will vote for you to be in ISCA Council

There is alot of work cut out for the next generation of accountancy leaders

There is insufficient threat analysis done for ISCA/IFAC main competitor : MBA Programs

Chartered Accountants need to figure out a way to level the playing field with MBA holders.

We cannot whole life be CFO while being passed on for CEO positions

With MBA, people can easily go into management level and have a qualification perceived to be similar in nature as CA SG but much higher in quality

With accountancy field dying then its better to collaborate with MBA

s://.wsj.com/articles/accounting-graduates-drop-by-highest-percentage-in-years-5720cd0f

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  #19284 (permalink)  
Old 15-08-2024, 06:01 AM
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Tell me you've never worked in a B4 without telling me you've never worked in a B4.
I’m in financial services lol feel lucky to be protected from too much bs
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  #19285 (permalink)  
Old 15-08-2024, 08:01 AM
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Originally Posted by Unregistered View Post
Late game career is no longer the meta when people just want to YOLO and make the most of their 20s.

Touch your heart - how many nights were you OTing while your friends posted photos of them partying and travelling on IG?
It is something that they need to choose ,

Big sized glc/listed co too have heavy workload.

But i cant understand why the poster keep put NS in the picture?

2 years NS / 30 years working life is significant?
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  #19286 (permalink)  
Old 15-08-2024, 08:38 AM
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23 aug result out. I will be on partner track and revamp the industry.
FYI in Singapore context, Partners track only start preliminary selection at SM1 or SM2.

If you hear your senior associates talking about it, it’s all just bull.

I found out way too late and stayed too long before hearing it straight from the big boss.

Highly rated M2s and M3s may be offered secondment opportunities - but these are just normal grooming / career development paths without Partnership in mind. Although they may become relevant considerations in your latter years.
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  #19287 (permalink)  
Old 15-08-2024, 08:48 AM
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It is something that they need to choose ,

Big sized glc/listed co too have heavy workload.

But i cant understand why the poster keep put NS in the picture?

2 years NS / 30 years working life is significant?
It’s normal to have some emotional baggage you cannot let go off even after years. For some, it could be a toxic-ex. For others, it could be about CPF. For OP, I guess NS left such a mark on him that he cannot let go or stop thinking about it even years later.
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  #19288 (permalink)  
Old 15-08-2024, 09:05 AM
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Why so many audit managers resigned after 1 year working as manager?
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  #19289 (permalink)  
Old 15-08-2024, 09:11 AM
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Quote:
Originally Posted by Unregistered View Post
FYI in Singapore context, Partners track only start preliminary selection at SM1 or SM2.

If you hear your senior associates talking about it, it’s all just bull.

I found out way too late and stayed too long before hearing it straight from the big boss.

Highly rated M2s and M3s may be offered secondment opportunities - but these are just normal grooming / career development paths without Partnership in mind. Although they may become relevant considerations in your latter years.
Bro this is common knowledge - you mean you didn't know and read the misformation shared by anonymous users on the internet, and believed that SA1 are identified as future Partners? Boy, do I have a bridge to sell you...
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  #19290 (permalink)  
Old 15-08-2024, 09:13 AM
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Why so many audit managers resigned after 1 year working as manager?
1) They just want the manager title on their resume and can jump out. Some people try to jump immediately after promotion but its harder cause they have the title but never did any managerial work.

2) Culture shock from change in job scope. They learnt how much the managers (who they have been bashing for years) have been PROTECTING them from behind the scenes. Many associates continue to have this weird idea that managers don't do anything cause they don't appear often at fieldwork.

3) Lack of staff, managers have to do fieldwork themselves. Not sustainable. Quit.


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