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Q: Big4 - Yearly salary increment

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  #19301 (permalink)  
Old 15-08-2024, 11:41 AM
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is any other big 4 making auditors take over IT audit work???

From EY:
As highlighted in the recent communication on “Transforming IT audit delivery for the future” issued by our Singapore Assurance Leader on 5 August 2024, financial auditors will take on complete ownership for the IT audit of engagements with non-complex IT environment. This change will be implemented incrementally over the next three years.

So isit the IT auditors are gonna be retrenched soon? no more jobs for them?

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  #19302 (permalink)  
Old 15-08-2024, 11:48 AM
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Originally Posted by Unregistered View Post
is any other big 4 making auditors take over IT audit work???

From EY:
As highlighted in the recent communication on “Transforming IT audit delivery for the future” issued by our Singapore Assurance Leader on 5 August 2024, financial auditors will take on complete ownership for the IT audit of engagements with non-complex IT environment. This change will be implemented incrementally over the next three years.

So isit the IT auditors are gonna be retrenched soon? no more jobs for them?
Non complex it environment.. for ssa315 right. Means checklist work la.

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  #19303 (permalink)  
Old 15-08-2024, 12:05 PM
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Non complex it environment.. for ssa315 right. Means checklist work la.
have to do S&S for it audit, ITGC and app controls, basically all testing for IT audit. Both preparer and reviewer will b from audit team.

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  #19304 (permalink)  
Old 15-08-2024, 12:42 PM
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Nobody really care for you la. U think auditors dunno many useless accountants outside meh. Lose 1 useless client also no impact. Cannot recover fee, no one care. Can drop u anytime.

U sure u fm anot. U wan fast u pay premium during peak, its a open secret.
I don't mind pay premium audit fees. If I pay premium, you sure can deliver the audit report?
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  #19305 (permalink)  
Old 15-08-2024, 01:20 PM
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I don't mind pay premium audit fees. If I pay premium, you sure can deliver the audit report?
Surely can

Im thinking of asking management for approval for morning PT with 1 loop across MBS

After the PT training, we will do a Haka war cry at ORQ to boost morale before starting work

With healthy employees, we trust that this will improve audit productivity like what the Japanese MNCs do
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  #19306 (permalink)  
Old 15-08-2024, 01:32 PM
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Originally Posted by EDMWer View Post
Surely can

Im thinking of asking management for approval for morning PT with 1 loop across MBS

After the PT training, we will do a Haka war cry at ORQ to boost morale before starting work

With healthy employees, we trust that this will improve audit productivity like what the Japanese MNCs do
ok what is the audit firm?

I can change auditor to your firm
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  #19307 (permalink)  
Old 15-08-2024, 01:56 PM
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have to do S&S for it audit, ITGC and app controls, basically all testing for IT audit. Both preparer and reviewer will b from audit team.
This is nth new. Ssa315 revised so long alrdy. Just another gimmick to earn client fee.
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  #19308 (permalink)  
Old 15-08-2024, 01:57 PM
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ok what is the audit firm?

I can change auditor to your firm
Forgot that dude. Give me ur contact. I can refer for change of auditors.
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  #19309 (permalink)  
Old 15-08-2024, 02:00 PM
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IT audit test controls only
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  #19310 (permalink)  
Old 15-08-2024, 06:16 PM
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whats the transition or adjustment like going from big 4 to mid tier like BDO ?
is it easy to use their systems or hows the difference in workload or clients ?
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