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31-01-2022, 02:40 PM
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Quote:
Originally Posted by Unregistered
When is Max paying my January salary!!!
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Anyone can advise? I need to pack my ang pows...
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31-01-2022, 03:02 PM
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Quote:
Originally Posted by Unregistered
Anyone can advise? I need to pack my ang pows...
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Only enough to slot in $2 notes. No hurry la
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31-01-2022, 03:11 PM
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Quote:
Originally Posted by Unregistered
Knowing tax treatment and doing audit are two different things.
As long as the workings and number looks roughly correct + there is a tax agent in same big4 handling it, no point waste too much time to know everything in the tax working. And if it is very wrong, IRAS will hound down the company and the co can just make the necessary tax expense and provision adjustment next year.
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What. Standard really go down hill. Tax provision for the FY requires auditors to review the tax position. How does one review the position without understanding tax treatment. Please refer to SSA250.
If necessary/material adjustments are required then the review of tax position is a failure, ie. Misstatement. LOL
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31-01-2022, 03:33 PM
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Quote:
Originally Posted by Unregistered
What. Standard really go down hill. Tax provision for the FY requires auditors to review the tax position. How does one review the position without understanding tax treatment. Please refer to SSA250.
If necessary/material adjustments are required then the review of tax position is a failure, ie. Misstatement. LOL
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Know enough is good enough. You are not meant to replicate the tax working, which is role of tax agents.
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31-01-2022, 03:35 PM
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Who still in office???!!!
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31-01-2022, 04:02 PM
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Big 4 is a joke. Was from local u acc and did an internship in audit and decided to never get back. Managed to get a job with 1.5X the pay with half the working hours of big 4 and much better benefits. Fellow acc grads, think twice before going in.
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31-01-2022, 04:02 PM
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Quote:
Originally Posted by Unregistered
Know enough is good enough. You are not meant to replicate the tax working, which is role of tax agents.
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Nobody mentioned replicate. Review. Review material tax adjustments.
Know enough is good enough? Read ssa250, already refer you there. U do audit without following ssa? Which firm are you from or based in. Really interested what auditors are doing now.
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31-01-2022, 04:52 PM
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Quote:
Originally Posted by Unregistered
Big 4 is a joke. Was from local u acc and did an internship in audit and decided to never get back. Managed to get a job with 1.5X the pay with half the working hours of big 4 and much better benefits. Fellow acc grads, think twice before going in.
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Hi! Can you share more about what you did after grad? Graduating student here who needs some advice haha. Gong xi fat choi
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31-01-2022, 05:05 PM
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Quote:
Originally Posted by Unregistered
Hi! Can you share more about what you did after grad? Graduating student here who needs some advice haha. Gong xi fat choi
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Investment research. Unless you can get into top MNC finance leadership programme, stay away from acc career. The pay is too **** for the amount of work. Aim for BIz development, biz analyst or consulting roles. Much more interesting role with better prospect and still use some of your acc knowledge
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