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23-07-2023, 10:22 PM
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Quote:
Originally Posted by Unregistered
Partners don’t get “salary”, they get distribution of profits.
Distribution is based on how much business they bring in, and the margins of their projects.
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freaking funny hor
how can people join big 4/audit or work in big 4/audit for 1-2 years alr without any idea about such basic facts about their industry structure
makes me wonder what kind of rif-raff has been flooding this industry
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24-07-2023, 02:36 AM
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Quote:
Originally Posted by Unregistered
freaking funny hor
how can people join big 4/audit or work in big 4/audit for 1-2 years alr without any idea about such basic facts about their industry structure
makes me wonder what kind of rif-raff has been flooding this industry
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U all really the clowns in b4. No wonder b4 get all jhk intead now. Same tier.
A lot of factors linked to partners compensation. All these factors will be check. If u not involved in this function dont anyhow bs.
Partners do get base salary on top of share distributions.
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24-07-2023, 10:07 AM
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Quote:
Originally Posted by Unregistered
freaking funny hor
how can people join big 4/audit or work in big 4/audit for 1-2 years alr without any idea about such basic facts about their industry structure
makes me wonder what kind of rif-raff has been flooding this industry
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The average Associate doesn’t have interaction with Partners nor access to such information.
They only need to focus on doing their work and collecting monthly paycheck.
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24-07-2023, 08:29 PM
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Quote:
Originally Posted by Unregistered
U all really the clowns in b4. No wonder b4 get all jhk intead now. Same tier.
A lot of factors linked to partners compensation. All these factors will be check. If u not involved in this function dont anyhow bs.
Partners do get base salary on top of share distributions.
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We are talking about BASIC concepts leh, like partner remuneration
Anyone going into an industry ought to have a basic notion of how their industry leaders are compensated, even if they don't fully know all the details.
Ask any law student and he will be familiar with the concept of EQUITY PARTNERS in a law firm and how they get paid.
Ask any medical student and he will be familar with how PUBLIC HEALTHCARE CONSULTANTS are paid and how PRIVATE CONSULTANTS are paid.
So why are auditors so dumb and useless they don't even know how their industry works?
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24-07-2023, 08:32 PM
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US side laying off. How about here
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24-07-2023, 09:46 PM
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Quote:
Originally Posted by Unregistered
US side laying off. How about here
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laying on your mom
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24-07-2023, 10:08 PM
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most associates are just low level resources to the partners anyway, if can move cost offshore to india/sri lanka btr
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26-07-2023, 09:40 PM
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s://.ft.com/content/1f13a0ad-3a9c-4495-be38-d55999a1b84c
://.ft.com/content/1f13a0ad-3a9c-4495-be38-d55999a1b84c
HAHAHAHHAA. Why so cui:
-----------------------------------------------------------------------------------
EY has hired a leading adviser to crisis-hit companies to conduct a review of the failed attempt to split its audit and consulting businesses.
The Big Four firm has engaged Lord David Gold to examine the process behind Project Everest, which collapsed in April after leaders of its US business blocked the global break-up, according to people familiar with the matter.
Gold led Herbert Smith, one of the UK’s top law firms, from 2005 to 2010 and has subsequently built a new business advising large companies facing high-profile problems with ethics, governance and corruption.
His review will attempt to identify shortcomings in EY’s processes and governance during its planning for the abortive break-up, the people said. It is also expected to consider who within the organisation was responsible for any failings, according to one of the people.
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