Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

Why do people choose audit or tax as a starting career in big4? What are the pros and cons for each pathway? And which one is more sustainable over the long run?

Tax is dry but require more brains. Smarter nerdier types go there. Your command of language and comprehension must actually be of some standard to grasp tax legislation and regulations.

Assurance is process driven and less intellectual. Aka more brainless. Your language can be piss poor which is why cheap malaysians are hired by the truck;oad.

pay for A1 tax n audit for blue?

Blue or yellow for audit?

Originally Posted by Unregistered

Blue or yellow for audit?

Yellow, max will welcome u with open arms

Originally Posted by Unregistered

Most people are probably more familiar with assurance workflow than taxation (and specifically transfer pricing). Try to read up about it? s://.pwc.com/sg/en/tax/transfer-pricing.html

Transfer pricing is about the pricing mechanism within a group when there is intra group transfer of good and services, and particularly relevant when there are cross border tax implications

So you will probably be doing things like:
-Familiarization with different tax regulation in countries,
-Review or advise companies' transfer pricing policies/processes and as well as the systems/documentations. Whether it is kosher and well documented and how to reduce tax burden
-Benchmarking and other analysis to justify certain things.

Thanks so much bro for this, appreciate it! Do you think it’s worth joining tho? Especially for non accounting degree holders (like business, econs, finance grads). Just considering this role as a backup in case no other offers. What are the exit opportunities like too, do people tend to remain stuck in this field?

Originally Posted by Unregistered

Most people are probably more familiar with assurance workflow than taxation (and specifically transfer pricing). Try to read up about it? s://.pwc.com/sg/en/tax/transfer-pricing.html

Transfer pricing is about the pricing mechanism within a group when there is intra group transfer of good and services, and particularly relevant when there are cross border tax implications

So you will probably be doing things like:
-Familiarization with different tax regulation in countries,
-Review or advise companies' transfer pricing policies/processes and as well as the systems/documentations. Whether it is kosher and well documented and how to reduce tax burden
-Benchmarking and other analysis to justify certain things.

Thanks so much bro for this, appreciate it! Do you think it’s worth joining for non accounting degree holders (like business, econs, finance grads etc)? What are the exit opportunities like too, like do people stay stuck in this line of work? Considering this as a backup in case.

Originally Posted by Unregistered

Tax is dry but require more brains. Smarter nerdier types go there. Your command of language and comprehension must actually be of some standard to grasp tax legislation and regulations.

Assurance is process driven and less intellectual. Aka more brainless. Your language can be piss poor which is why cheap malaysians are hired by the truck;oad.

So transfer pricing is considered quite ok since it’s under tax?

Which big 4 for transfer pricing then?

Originally Posted by Unregistered

Thanks so much bro for this, appreciate it! Do you think it’s worth joining for non accounting degree holders (like business, econs, finance grads etc)? What are the exit opportunities like too, like do people stay stuck in this line of work? Considering this as a backup in case.

Transfer pricing is very niche. u will likely be pigeon holed there unless u do a masters or something so u must make sure thats what u rly wanna do

Tax much harder to make partner. Almost every company needs a statutory audit, whereas only large MNC needs tax compliance or cross border tax advisory. Good luck finding clients

Originally Posted by Unregistered

Tax much harder to make partner. Almost every company needs a statutory audit, whereas only large MNC needs tax compliance or cross border tax advisory. Good luck finding clients

Singapore market too small already.