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-   -   Q: Big4 - Yearly salary increment (https://forums.salary.sg/income-jobs/1506-q-big4-yearly-salary-increment.html)

Unregistered 30-03-2024 11:38 AM

Quote:

Originally Posted by Unregistered (Post 273040)
Most Ms are CA SG via grandfather transition arrangement

They didn’t take the same rigorous papers the young ones taking

Accounting graduates of 2016 are the last cohort to qualify for CA SG under the transitional arrangement. If they are still in the Big 4, most of them are already sm. A few maybe m3.

Unregistered 30-03-2024 11:39 AM

The truth is that most OTs happens due to staff incompetency to meet timeline. In audit, the fieldwork and deliverables are already predictable enough already.

Unregistered 30-03-2024 11:39 AM

Quote:

Originally Posted by Unregistered (Post 273054)
The entire premise is flawed and needs to be reworked.

This is one of the handful of fields which require additional study after graduation. (Strike One)

It is also well known the hours are long, and toxic people are trying to disguise 3am as 'normal' when no where else in the world expects such commitment levels. (Strike Two)

And the starting salaries as published by the university graduate employment surveys shows accounting as one of the bottom 5 for NTU. (Strike Three - OUT)

Strike 4. Study so hard go ntu to be sub par after u grad. As good as dont go ntu or big 3 unit better lol.

Unregistered 30-03-2024 11:42 AM

Quote:

Originally Posted by Unregistered (Post 273062)
The truth is that most OTs happens due to staff incompetency to meet timeline. In audit, the fieldwork and deliverables are already predictable enough already.

U probably dunno ur ssa or frs, just flip, copy and paste kinda auditor. I think quite common... ppl like ur pattern all like audit because they love brain dead exercise.

Unregistered 30-03-2024 11:42 AM

Quote:

Originally Posted by Unregistered (Post 273062)
The truth is that most OTs happens due to staff incompetency to meet timeline. In audit, the fieldwork and deliverables are already predictable enough already.

:) how about underbudget?

Unregistered 30-03-2024 11:57 AM

Quote:

Originally Posted by Unregistered (Post 273059)
If u take non standard path from acca to icaew u cant rma ur way to ca sg....

yes I know

I am saying ICAEW have this pathway arrangement with ACCA FCCA to join ICAEW

Why can't ISCA do the same arrangement with ACCA FCCA, who knows?


Also look at Hong Kong CPA, HKICPA also allow ACCA members to join provided ACCA member took Tax paper, Audit paper. For ACCA member to join HKICPA, they need to do Capstone 4 hours exam paper will do. No need to do another 4 technical exam paper.

Unregistered 30-03-2024 11:58 AM

Quote:

Originally Posted by Unregistered (Post 273060)
Correction. Young LOCAL fresh grad.. big 3. welcome..

Local NTU, NUS, SMU fresh graduates all come from well to do family

Even they join, they will quit within 6 months because of toxic audit manager

LOL

Unregistered 30-03-2024 12:02 PM

The truth is local NTU, NUS, SMU young graduates have a lot of opportunities

They can go overseas to work

They can go work for AGO or the sector

Why join Big4 and work under a toxic audit manager?

Also, most of graduates come from well-to-do families who can quit the big4 job anytime and retire anytime because their parents are educated and can support themselves.

Unregistered 30-03-2024 12:09 PM

Quote:

Originally Posted by Unregistered (Post 273059)
If u take non standard path from acca to icaew u cant rma ur way to ca sg....

There is a way.. you just need to claim ICAEW exemptions from ACCA, take the final few papers, then you can RMA.

Unregistered 30-03-2024 12:10 PM

Quote:

Originally Posted by Unregistered (Post 273061)
Accounting graduates of 2016 are the last cohort to qualify for CA SG under the transitional arrangement. If they are still in the Big 4, most of them are already sm. A few maybe m3.

Nope the cut off was application year 2012 admission year 2014.

so the last batch is 2018.

Unregistered 30-03-2024 12:12 PM

Quote:

Originally Posted by Unregistered (Post 273063)
Strike 4. Study so hard go ntu to be sub par after u grad. As good as dont go ntu or big 3 unit better lol.

Isn't it because they didn't study hard enough, thats why they are here?

no offense, just being factual.

Unregistered 30-03-2024 12:14 PM

Quote:

Originally Posted by Unregistered (Post 273071)
There is a way.. you just need to claim ICAEW exemptions from ACCA, take the final few papers, then you can RMA.

ICAEW final paper got how many need to clear as ACCA member?

Unregistered 30-03-2024 12:16 PM

Wait for ISCA to announce news lor

See is it MRA or RMA

MRA - 1 x 4 hour paper
RMA - no paper

Unregistered 30-03-2024 12:18 PM

Quote:

Originally Posted by Unregistered (Post 273074)
ICAEW final paper got how many need to clear as ACCA member?

walao, ownself google la, depends which year you cleared acca and which papers you covered back then.

s://apps.icaew.com/cpldirectory/Search/CreditsAvailable

Unregistered 30-03-2024 12:19 PM

Quote:

Originally Posted by Unregistered (Post 273073)
Isn't it because they didn't study hard enough, thats why they are here?

no offense, just being factual.

no u see those posters talking about what 2106 2018, those are lao jiaos from AAA AAB days.

but the new bird yes, those are the people never study hard thats why come here.

Unregistered 30-03-2024 12:21 PM

Quote:

Originally Posted by Unregistered (Post 273076)
walao, ownself google la, depends which year you cleared acca and which papers you covered back then.

s://apps.icaew.com/cpldirectory/Search/CreditsAvailable

Just want chit chat with u

Don't need to get trigger

U think I don't know how many final paper need to clear

U really s t u P I d

Unregistered 30-03-2024 12:22 PM

Quote:

Originally Posted by Unregistered (Post 273077)
no u see those posters talking about what 2106 2018, those are lao jiaos from AAA AAB days.

but the new bird yes, those are the people never study hard thats why come here.

Lol whether they are AAA or AAB

At the age of 40 and 45 and 50

U think they have energy to go do vouching fieldwork


They need rely on young people

Unregistered 30-03-2024 12:24 PM

Quote:

Originally Posted by Unregistered (Post 273078)
Just want chit chat with u

Don't need to get trigger

U think I don't know how many final paper need to clear

U really s t u P I d

ok so tell me how many? if you cannot answer you are dumb.

Unregistered 30-03-2024 12:24 PM

Quote:

Originally Posted by Unregistered (Post 273079)
Lol whether they are AAA or AAB

At the age of 40 and 45 and 50

U think they have energy to go do vouching fieldwork


They need rely on young people

so long queue of people willing to do vouching for 3k a month.

no scare no problem

Unregistered 30-03-2024 12:30 PM

Quote:

Originally Posted by Unregistered (Post 273061)
Accounting graduates of 2016 are the last cohort to qualify for CA SG under the transitional arrangement. If they are still in the Big 4, most of them are already sm. A few maybe m3.

Class of 2017.

Turning M3 this July to be exact.

Unregistered 30-03-2024 12:31 PM

Quote:

Originally Posted by Unregistered (Post 273082)
Class of 2017.

Turning M3 this July to be exact.

Hi,

Do you need to rely on young graduates to do vouching


Lmao

Unregistered 30-03-2024 12:32 PM

Quote:

Originally Posted by Unregistered (Post 273080)
ok so tell me how many? if you cannot answer you are dumb.

Lol

Google lah

Unregistered 30-03-2024 12:36 PM

To all seniors and juniors who are doing fieldwork

I tell u lah

No need afraid of your manager in 30s

Why leh?

Because they need to rely on you to do vouching and fieldwork

Unregistered 30-03-2024 12:43 PM

Is big4 now full of boomers and akin like old folk home?

Unregistered 30-03-2024 12:45 PM

Quote:

Originally Posted by Unregistered (Post 273087)
Is big4 now full of boomers and akin like old folk home?

Yes and a lot of ft

Unregistered 30-03-2024 12:48 PM

To all the audit managers and partners

You guys better solve the problems than pretend they don't exist.

Ignoring the issue won't make it disappear.

Unregistered 30-03-2024 12:49 PM

Quote:

Originally Posted by Unregistered (Post 273088)
Yes and a lot of ft

Lol

Then who do the vouching?

Unregistered 30-03-2024 12:56 PM

Quote:

Originally Posted by Unregistered (Post 273090)
Lol

Then who do the vouching?

Offshore to Manila

Unregistered 30-03-2024 01:01 PM

Quote:

Originally Posted by Unregistered (Post 273089)
To all the audit managers and partners

You guys better solve the problems than pretend they don't exist.

Ignoring the issue won't make it disappear.

Manager is just a fancier title for a more experienced senior

No power one lah.

Unregistered 30-03-2024 01:34 PM

Quote:

Originally Posted by Unregistered (Post 273092)
Manager is just a fancier title for a more experienced senior

No power one lah.

Where got no power. Managers write the seniors and juniors appraisal one leh. Managers not happy, they cannot promote liao

Unregistered 30-03-2024 01:49 PM

Quote:

Originally Posted by Unregistered (Post 273097)
Where got no power. Managers write the seniors and juniors appraisal one leh. Managers not happy, they cannot promote liao

Nobody cares about the extra $50 you get for good appraisal lah

Unregistered 30-03-2024 02:05 PM

Quote:

Originally Posted by Unregistered (Post 273097)
Where got no power. Managers write the seniors and juniors appraisal one leh. Managers not happy, they cannot promote liao

Most will get promoted one. Just focus on doing your part well, no need to please them.

Unregistered 30-03-2024 02:27 PM

Quote:

Originally Posted by Unregistered (Post 273100)
Most will get promoted one. Just focus on doing your part well, no need to please them.

ya lor

got one bootlicker say what must please the audit manager

Unregistered 30-03-2024 05:32 PM

Quote:

Originally Posted by Unregistered (Post 273085)
To all seniors and juniors who are doing fieldwork

I tell u lah

No need afraid of your manager in 30s

Why leh?

Because they need to rely on you to do vouching and fieldwork

Unfortunately for you, the same trick doesn’t work twice and that ship has sailed.

The cohorts from 2020 to 2022 already tried to flex their muscle and make managers realise they need the staff else they lose potential proposals due to lack of manpower.

Management relented and revised pay 2 years in a row, leading to some new juniors thinking it’s a normal thing lol.

After that they have been expanding outsourcing and now every engagement is asked to take on an offshore member. And the % of offshore usage is set to expand over time.

So you are now dispensable.

Unregistered 30-03-2024 05:35 PM

Additionally, the seniors from 2021 are now managers in 2024.

So the trick you’re thinking of using on your managers is basically the same trick your managers used on their managers just 3 years ago.

You gotta be super brave, naive, or both to try use their spells against them.

Unregistered 30-03-2024 06:18 PM

Quote:

Originally Posted by Unregistered (Post 273098)
Nobody cares about the extra $50 you get for good appraisal lah

the issue is only when u get one siaolang EM (and if you're 200% unlucky, that EM is also your PM), and that siaolang pushes a PIP onto you because you didn't OT hard enough. if you aren't this unlucky then it's fine, you can coast.

Unregistered 30-03-2024 06:38 PM

Quote:

Originally Posted by Unregistered (Post 273120)
the issue is only when u get one siaolang EM (and if you're 200% unlucky, that EM is also your PM), and that siaolang pushes a PIP onto you because you didn't OT hard enough. if you aren't this unlucky then it's fine, you can coast.

The M1 to M3 in 2024 all quite ok. Anyone born 1993 and later quite easygoing just want to get the job done and go home

It’s the 198X Senior Managers you gotta watch out for.

Unregistered 30-03-2024 06:59 PM

Quote:

Originally Posted by Unregistered (Post 273115)
Unfortunately for you, the same trick doesn’t work twice and that ship has sailed.

The cohorts from 2020 to 2022 already tried to flex their muscle and make managers realise they need the staff else they lose potential proposals due to lack of manpower.

Management relented and revised pay 2 years in a row, leading to some new juniors thinking it’s a normal thing lol.

After that they have been expanding outsourcing and now every engagement is asked to take on an offshore member. And the % of offshore usage is set to expand over time.

So you are now dispensable.


Lol

How long more?

How many more years you need to outsource entire audit engagement?

3 years? 5 years?

If not, for now.... please endure the BS by seniors and junior.

Unregistered 30-03-2024 07:17 PM

Quote:

Originally Posted by Unregistered (Post 273115)
Unfortunately for you, the same trick doesn’t work twice and that ship has sailed.

The cohorts from 2020 to 2022 already tried to flex their muscle and make managers realise they need the staff else they lose potential proposals due to lack of manpower.

Management relented and revised pay 2 years in a row, leading to some new juniors thinking it’s a normal thing lol.

After that they have been expanding outsourcing and now every engagement is asked to take on an offshore member. And the % of offshore usage is set to expand over time.

So you are now dispensable.

Yes, hahaha that’s right. Audit quality at its best. The offshore team can just copy and paste the prior year's threshold for sampling without informing the onshore team, and it’s signed off by their offshore team reviewer.

Unregistered 31-03-2024 01:58 AM

School results barely matter once you’re out in the working world. You look at the M and SM you think they very smart? They are the lousiest of their batch that’s why they still stuck in big4.

Apart from technical skills, seems like most of them lack the interview skills to be moving to better roles. Stuck in a soul-sucking job in their 30s and 40s, having to juggle extreme working hours and their kids, with near-zero chance of making partner.

So to those staff and seniors currently at big 4, please don’t be blindsided by your chase for progression/promotions. Take a step back and consider the life you want to be living in your 30s and 40s and make the correct moves in your career.


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