Q: Big4 - Yearly salary increment - Page 266 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Q: Big4 - Yearly salary increment

Reply
 
Thread Tools
  #2651 (permalink)  
Old 21-09-2021, 08:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Isit true partners are rather free and get to sit around and boss others
Or isit in acrual fact stressful - what if they dont meet targets

Reply With Quote
  #2652 (permalink)  
Old 21-09-2021, 09:20 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Isit true partners are rather free and get to sit around and boss others
Or isit in acrual fact stressful - what if they dont meet targets
Partners do have the pressure to bring in new clients and ensuring that the audits they are in charge in meets the auditing standards as part of their KPI. They are actually not as free as you think they are, given that their day to day tasks involve sitting in multiple conference calls with clients, sorting emails, mentoring, HR matters, reviewing 20+ audit files as well as providing quality review to other engagements as well

Reply With Quote
  #2653 (permalink)  
Old 21-09-2021, 09:26 PM
Unregistered
Guest
 
Posts: n/a
Default

What happens if they fail to bring in good revenue

Reply With Quote
  #2654 (permalink)  
Old 21-09-2021, 09:33 PM
Unregistered
Guest
 
Posts: n/a
Default

Isnt all the reviews and calls with clients handles by sm
Reply With Quote
  #2655 (permalink)  
Old 21-09-2021, 09:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Isnt all the reviews and calls with clients handles by sm
Partner has to review as well because they have the overall responsibility of the outcome of audit engagements (meaning to say, if anything happens lets say audit insprction by MAS or ACRA, they are the first to answer to the regulators). Partners together with the SM actually sit through conference calls with clients on key management meetings and understanding of the client business process. Also, if the SM is unable to handle the client, the partner will have to step in as well.
Reply With Quote
  #2656 (permalink)  
Old 21-09-2021, 09:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Partner has to review as well because they have the overall responsibility of the outcome of audit engagements (meaning to say, if anything happens lets say audit insprction by MAS or ACRA, they are the first to answer to the regulators). Partners together with the SM actually sit through conference calls with clients on key management meetings and understanding of the client business process. Also, if the SM is unable to handle the client, the partner will have to step in as well.
So to actually think of it, an audit partner faces great risks given that a bad audit can derail its career. Therefore, is a high risk but high reward career.
Reply With Quote

  #2657 (permalink)  
Old 21-09-2021, 10:25 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What happens if they fail to bring in good revenue
Then no money.

Partners are like business owners, they’re motivated to bring in the business to increase their profit share.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #2658 (permalink)  
Old 21-09-2021, 10:25 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
So to actually think of it, an audit partner faces great risks given that a bad audit can derail its career. Therefore, is a high risk but high reward career.
Yes, Public Accountants shoulder a huge responsibility’s

Especially so for listed entities.
Reply With Quote
  #2659 (permalink)  
Old 21-09-2021, 10:56 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I understand that most audit firms have a one month notice period, for the firm to find replacement and for you to handover your work.

The manager should have an adequate overview of the status and progress of the engagement to facilitate this handover.

You cannot ignore work during your notice period unless you are prepared to seriously burn bridges.
What does people do when they resign? As in will they actualy follow up their work
Properly or tend to leave the mess to others? I think it's always the latter. Usually ppl are so burnt out and hence quitting, lost the motivation to do proper job anyway
Reply With Quote
  #2660 (permalink)  
Old 21-09-2021, 11:09 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What does people do when they resign? As in will they actualy follow up their work
Properly or tend to leave the mess to others? I think it's always the latter. Usually ppl are so burnt out and hence quitting, lost the motivation to do proper job anyway
usually they just do the bare minimum
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment for Civil Service 2011 bswuming87 Income and Jobs 4 10-04-2011 09:19 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
3,295 Replies, 1,381,916 Views
JTC (Jurong Town Corporation) ( 1 2 3... Last Page)
36 Replies, 40,131 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,055 Replies, 266,323 Views
Lawyer Salary ( 1 2 3... Last Page)
14,318 Replies, 4,813,197 Views
Mnc jobs - a must in life ?? ( 1 2 3... Last Page)
137 Replies, 67,055 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,033 Replies, 754,519 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,903 Replies, 1,456,565 Views
architecture graduate - go hdb or...
5 Replies, 1,483 Views
Whats your net worth ( 1 2 3... Last Page)
2,846 Replies, 967,609 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
49 Replies, 18,539 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
811 Replies, 219,695 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,104 Replies, 549,241 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,876 Replies, 627,469 Views
Relocation to the US or stay in SG? ( 1 2)
11 Replies, 475 Views
Compare civil service salary ( 1 2 3... Last Page)
12,720 Replies, 7,475,959 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,200 Replies, 2,589,714 Views
IMDA (under MCI) ( 1 2 3... Last Page)
164 Replies, 67,708 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,148 Replies, 1,717,302 Views
Getting MBA worth? ( 1 2 3... Last Page)
112 Replies, 100,446 Views
High Finance Thread ( 1 2 3... Last Page)
311 Replies, 109,499 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,945 Replies, 1,805,317 Views
FDM - Technical Graduate Program
2 Replies, 1,024 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
573 Replies, 457,069 Views
infosys, cognizant
5 Replies, 1,762 Views
Need advice - local bank or bulge... ( 1 2)
19 Replies, 1,277 Views
Officer Role in Bank of Tokyo -... ( 1 2 3... Last Page)
202 Replies, 171,668 Views
ST Electronics ( 1 2 3... Last Page)
2,388 Replies, 605,148 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
87 Replies, 137,452 Views
Certis Cisco ( 1 2 3... Last Page)
71 Replies, 83,720 Views
Changi Airport Group ( 1 2 3... Last Page)
412 Replies, 396,004 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:26 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2