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Q: Big4 - Yearly salary increment

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  #2591 (permalink)  
Old 17-09-2021, 08:13 PM
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Default Third class can go Big 4 audit?

Currently a third class, graduating next year. What are the chances of getting into big4 audit?

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  #2592 (permalink)  
Old 17-09-2021, 08:15 PM
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Post Third class can go into big 4 audit?

Currently a third class, what are the chances of getting into big4 audit? Graduating next year

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  #2593 (permalink)  
Old 17-09-2021, 09:08 PM
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Smile big 4 salary for every ranks

Hi can anyone confirm if the below average pay from senior to SM in a big 4 firm is correct?

S1: 4150
S2: 4700
AM: 5300
M1: 6000
M2: 6700
M3: 7400
M4: 8100
SM1: 9000
SM2: 10000
SM3: 11000
SM4: 12000

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  #2594 (permalink)  
Old 17-09-2021, 10:15 PM
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Quote:
Originally Posted by Unregistered View Post
Audit is a relatively low skilled job with long hours, there is only so much you can pay a local to do it instead of quitting before it stops making economical sense.
Not entirely true

Low skilled is only at Intern, or Junior Associate level where the bulk of work is vouching, casting, tracing vouch documents which is really super brain-dead and doesnít require much critical thinking or technical knowledge. There is relatively little to no element of judgment involved.

At more senior levels, you need knowledge in relevant financial reporting frameworks to execute the work. At higher management levels, itís more of a project management role.

But the long hours is true.


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  #2595 (permalink)  
Old 17-09-2021, 10:29 PM
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Quote:
Originally Posted by Unregistered View Post
Hi can anyone confirm if the below average pay from senior to SM in a big 4 firm is correct?

S1: 4150
S2: 4700
AM: 5300
M1: 6000
M2: 6700
M3: 7400
M4: 8100
SM1: 9000
SM2: 10000
SM3: 11000
SM4: 12000
Seems correct to me
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  #2596 (permalink)  
Old 18-09-2021, 12:01 AM
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Quote:
Originally Posted by Unregistered View Post
Hi can anyone confirm if the below average pay from senior to SM in a big 4 firm is correct?

S1: 4150
S2: 4700
AM: 5300
M1: 6000
M2: 6700
M3: 7400
M4: 8100
SM1: 9000
SM2: 10000
SM3: 11000
SM4: 12000
This is disregarding the 20% for Chartered Accountants?
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  #2597 (permalink)  
Old 18-09-2021, 12:20 AM
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Yes. This is disregarding the 20% SCAQ qualificafion. With the qualification, add an additional 20% increment starting from S2 for blue.
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  #2598 (permalink)  
Old 18-09-2021, 12:37 AM
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Originally Posted by Unregistered View Post
Yes. This is disregarding the 20% SCAQ qualificafion. With the qualification, add an additional 20% increment starting from S2 for blue.
Ok thank you

But like that the S2 Chartered Accountant will earn more than AM who never take the exam?
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  #2599 (permalink)  
Old 18-09-2021, 01:11 AM
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How much is 5k+, low or high 5k?
Why, you wanna move to EY SaT?
S2 is 6k, so you can + - accordingly
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  #2600 (permalink)  
Old 18-09-2021, 01:23 AM
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Quote:
Originally Posted by Unregistered View Post
Not entirely true

Low skilled is only at Intern, or Junior Associate level where the bulk of work is vouching, casting, tracing vouch documents which is really super brain-dead and doesnít require much critical thinking or technical knowledge. There is relatively little to no element of judgment involved.

At more senior levels, you need knowledge in relevant financial reporting frameworks to execute the work. At higher management levels, itís more of a project management role.

But the long hours is true.
I was speaking more to the junior levels since a good number hop over to corporate around the 3 to 4 year mark.
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