Q: Big4 - Yearly salary increment - Page 875 - 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
  #8741 (permalink)  
Old 18-08-2022, 08:10 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Analysis, forecasting and budgeting are an entirely different skill set and field, no?

Itís a bit of a stretch to even lump them under accounting as they have nothing to do with IFRS or FS.

Why even compare them to audit?
Accounting is not plainly just financial accounting (I.e IFRS, FS), there is management accounting also. If you look at certain FP&A positions quite a number of them require accounting knowledge

Reply With Quote
  #8742 (permalink)  
Old 18-08-2022, 08:56 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Accounting is not plainly just financial accounting (I.e IFRS, FS), there is management accounting also. If you look at certain FP&A positions quite a number of them require accounting knowledge
Hmm no doubt there is management accounting.

But most are us are CA-qualified and our areas of expertise or over financial reporting, assurance and tax.

You donít need a CA to do budgeting or forecasting.

Reply With Quote
  #8743 (permalink)  
Old 18-08-2022, 04:11 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hmm no doubt there is management accounting.

But most are us are CA-qualified and our areas of expertise or over financial reporting, assurance and tax.

You donít need a CA to do budgeting or forecasting.
agreed.....

Reply With Quote
  #8744 (permalink)  
Old 19-08-2022, 01:25 AM
Unregistered
Guest
 
Posts: n/a
Default

://afr.com/companies/professional-services/the-seven-slides-ey-used-to-pitch-its-split-to-staff-20220811-p5b93q

Another slide states that if there is a split, the auditing arm, AssureCo, will have estimated revenue of $US18 billion and be 100 per cent owned by partners staying in that business, while the consulting arm, NewCo, will have estimated revenue of $US24 billion and be a new corporate entity majority-owned by EY partners moving to the new standalone advisory business.

Not mentioned is how the firmís existing legal woes will be dealt with. EYís overseas operations have been at the centre of a string of high-profile audit failures.

EY was the auditor of Wirecard, a German payment processor that filed for insolvency in 2020 after admitting that Ä1.9 billion of cash on its books probably never existed. EY also audited Luckin Coffee, a Chinese coffee chain that filed for bankruptcy amid allegations its executives inflated income, costs and expenses.
****

Thoughts? Consulting trying to ditch audit arm to fend for itself. If EY splits up it's consulting arm, the auditors are screwed!
Reply With Quote
  #8745 (permalink)  
Old 19-08-2022, 10:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Does anyone know when will we know of compensation updates for yellow?
so far, no updates. nothing from the mgt
Reply With Quote
  #8746 (permalink)  
Old 20-08-2022, 08:46 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
so far, no updates. nothing from the mgt
Disappointing. Always last at everything.
Reply With Quote

  #8747 (permalink)  
Old 20-08-2022, 12:50 PM
Unregistered
Guest
 
Posts: n/a
Default

FP&A doesn't need CA or even need to be an accountancy graduate. Many directors/VP of fp&a in large mncs come from other degrees like economics and finance
Reply With Quote
  #8748 (permalink)  
Old 20-08-2022, 04:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Doesn't matter what fp&a needs. The fact is fp&a do hire ex-auditors. So if that's something you want, why not.
Reply With Quote
  #8749 (permalink)  
Old 20-08-2022, 05:54 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Doesn't matter what fp&a needs. The fact is fp&a do hire ex-auditors. So if that's something you want, why not.
Doesn't matter what fp&a needs. The fact is fp&a do hire non ex-auditors. So if that's something you want, why not.
Reply With Quote
  #8750 (permalink)  
Old 21-08-2022, 12:19 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
FP&A doesn't need CA or even need to be an accountancy graduate. Many directors/VP of fp&a in large mncs come from other degrees like economics and finance
Does it mean CA is overhyped? Since you could even get into FP&A without CA. I even see the big bosses do not have CA (but they have masters in finance or have worked in MBB firms before)
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
Lawyer Salary ( 1 2 3... Last Page)
18,033 Replies, 7,105,958 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
348 Replies, 141,513 Views
ST engineering starting pay ( 1 2 3... Last Page)
110 Replies, 67,482 Views
Career as Teacher ( 1 2 3... Last Page)
6,100 Replies, 3,893,297 Views
Micron starting pay ( 1 2 3... Last Page)
553 Replies, 212,937 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,353 Replies, 1,160,524 Views
Bnp paribas graduate ( 1 2 3... Last Page)
192 Replies, 113,077 Views
Engineer Pay ( 1 2 3... Last Page)
521 Replies, 283,487 Views
IMDA (under MCI) ( 1 2 3... Last Page)
351 Replies, 179,206 Views
ST Electronics ( 1 2 3... Last Page)
3,137 Replies, 952,007 Views
How much do you earn and save? ( 1 2 3... Last Page)
382 Replies, 179,741 Views
Electrical Engineering Jobs in...
0 Replies, 53 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,134 Replies, 436,914 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,470 Replies, 2,525,296 Views
Compare civil service salary ( 1 2 3... Last Page)
14,832 Replies, 9,584,099 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,492 Replies, 720,903 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
559 Replies, 230,868 Views
IMDA AIM Graduate Development... ( 1 2)
10 Replies, 4,389 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
727 Replies, 202,526 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
335 Replies, 109,001 Views
How is life as a doctor in... ( 1 2 3... Last Page)
4,278 Replies, 2,106,467 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
328 Replies, 288,447 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,225 Replies, 586,272 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,147 Replies, 2,870,340 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,373 Replies, 757,416 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,685 Replies, 3,306,211 Views
Anyone worked in singhealth/nhg? ( 1 2 3... Last Page)
66 Replies, 127,707 Views
Working Culture in IRAS ( 1 2 3... Last Page)
67 Replies, 121,912 Views
Early Retirement
7 Replies, 2,474 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:10 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2