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
Ex-MOE Teachers ( 1 2 3... Last Page)
326 Replies, 287,868 Views
Lawyer Salary ( 1 2 3... Last Page)
18,027 Replies, 7,099,040 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,142 Replies, 2,866,110 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,685 Replies, 3,304,161 Views
Anyone worked in singhealth/nhg? ( 1 2 3... Last Page)
66 Replies, 127,551 Views
Working Culture in IRAS ( 1 2 3... Last Page)
67 Replies, 121,763 Views
Career as Teacher ( 1 2 3... Last Page)
6,096 Replies, 3,888,715 Views
How is life as a doctor in... ( 1 2 3... Last Page)
4,275 Replies, 2,104,348 Views
How much do you earn and save? ( 1 2 3... Last Page)
381 Replies, 179,215 Views
Interview Process at IPOS? ( 1 2 3... Last Page)
217 Replies, 138,445 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
725 Replies, 201,570 Views
Micron starting pay ( 1 2 3... Last Page)
547 Replies, 212,379 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,347 Replies, 1,158,719 Views
Engineer Pay ( 1 2 3... Last Page)
519 Replies, 282,990 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,467 Replies, 2,522,721 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,076 Replies, 714,185 Views
IMDA (under MCI) ( 1 2 3... Last Page)
349 Replies, 178,690 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,222 Replies, 585,363 Views
Compare civil service salary ( 1 2 3... Last Page)
14,830 Replies, 9,578,883 Views
UOB Management Associate Program ( 1 2 3... Last Page)
972 Replies, 453,075 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
964 Replies, 653,785 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
1,041 Replies, 250,872 Views
Job Application with MOE... ( 1 2 3... Last Page)
391 Replies, 430,767 Views
Constituency Manager (People... ( 1 2 3... Last Page)
918 Replies, 600,596 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,372 Replies, 757,003 Views
JTC (Jurong Town Corporation) ( 1 2 3... Last Page)
44 Replies, 51,998 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,491 Replies, 719,913 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
161 Replies, 197,433 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:07 PM.


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