Future Career for Auditor - 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




Future Career for Auditor

Reply
 
Thread Tools
  #1 (permalink)  
Old 04-12-2012, 05:57 PM
Junior Member
 
Join Date: Dec 2012
Posts: 4
siowy is on a distinguished road
Default Future Career for Auditor

Hi everyone,


What's the prospects for auditors in sg(specifically external auditor in mid-tier firm)?

Know any auditors and how they end up?


Thanks!

Reply With Quote
  #2 (permalink)  
Old 04-12-2012, 06:19 PM
Unregistered
Guest
 
Posts: n/a
Default

Most end up as auditors loh.

Seriously auditor not bad what, stay long enough can be partner of an external firm or be some Director in MNC as internal auditor easily monthly >25k.

Why so many fresh grad cannot even make 3k in their first job so concern about auditor career limit. Want to worry also wait until your salary is close to 20k bah

Reply With Quote
  #3 (permalink)  
Old 04-12-2012, 06:36 PM
Junior Member
 
Join Date: Dec 2012
Posts: 4
siowy is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Seriously auditor not bad what, stay long enough can be partner of an external firm or be some Director in MNC as internal auditor easily monthly >25k.
What is partner of external firm? I don't understand.

How many can become director if stay on for the long ride?

Auditor is really tough work.

Reply With Quote
  #4 (permalink)  
Old 04-12-2012, 10:17 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by siowy View Post
What is partner of external firm? I don't understand.

How many can become director if stay on for the long ride?

Auditor is really tough work.
You serious boh? Wana work in an external audit firm and don't even know what is a partner???
Reply With Quote
  #5 (permalink)  
Old 04-12-2012, 11:00 PM
Junior Member
 
Join Date: Dec 2012
Posts: 4
siowy is on a distinguished road
Default

I know what a partner is. I don't know what you mean by 'partner of external firm'.
Reply With Quote
  #6 (permalink)  
Old 04-12-2012, 11:51 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by siowy View Post
How many can become director if stay on for the long ride?

Auditor is really tough work.
And your point is? Want a slack job that pays well go join the civil service.

Anyway auditor is relatively slack compared to many banking, consultancy, sales or engineering jobs. Although the hours are long, at least most of it is just chop sign brain dead work that don't require you to come up with solutions 1am in the morning.
Reply With Quote

  #7 (permalink)  
Old 05-12-2012, 09:29 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
And your point is? Want a slack job that pays well go join the civil service.

Anyway auditor is relatively slack compared to many banking, consultancy, sales or engineering jobs. Although the hours are long, at least most of it is just chop sign brain dead work that don't require you to come up with solutions 1am in the morning.
Quite true. I start off as auditor before moving to sales. In terms of hours work, auditor is longer abt 75 hrs a week. Then I move to Sales and although the work hours are shorter, need to do a lot of things to attend to customer needs and I find it more tiring than being auditor.

I guess for auditing although need to work long, mostly just follow process and once you get the hang of it even half asleep also can do.
Reply With Quote
  #8 (permalink)  
Old 05-12-2012, 08:46 PM
Unregistered
Guest
 
Posts: n/a
Default

auditors can switch to be accountants. thats what happened to my boss..
Reply With Quote
  #9 (permalink)  
Old 06-12-2012, 02:49 PM
Winzor
Guest
 
Posts: n/a
Default

The most important thing is to know what you are really interested in. No need to talk about prospects or future plans so early...
Reply With Quote
  #10 (permalink)  
Old 26-12-2012, 01:50 PM
Unregistered
Guest
 
Posts: n/a
Default RE: Auditor

Hi TS!

Merry Christmas.

As an financial auditor, i believe there are many career opportunity as you progress. Public Accounting Firms (CPA/Audit Firms) are still highly value in my opinion.

***Point to note; a lot of Co. or people will tell you that you only have audit experiences and no commercial experiences (should you join Commercial) and try to cut your pay. Think about it, if they don't want you - they won't even bother calling you up for interview. Co. are just trying to cut and slash external auditors as much as possible, i firmly believe my audit life is where i have grown into a professional in terms of exposure and learning how to use/interpret the numbers to help Cos.***

Typically, after 2-4 years in audit firm, you will have to come to a choice between the followings:-

(i) Audit (3-4 years) -> Commercial (Accountant/Analyst 1-2 years) -> Commercial (Finance Manager for another 5-10 years) then moving up to FC and then finally CFO.

Typically, moving out to commercial taking up accounts role will make your life stable and routine. Enjoy the stable income and flow with the water...

(ii) Audit (3-4 years) -> Commercial (Internal Auditor) -> Promote within the existing hierarchy, with a chance to go back into Public Accounting.

Typically, IA similar to EA, exposes you to full scope of the Co.
Business/Financial Risks of all aspect are still shown to you, more challenging compared to being (i).

(iii) Audit (3-4 years) -> Stay in audit, tahan all the way till Partner.

Well, you know that life.
I mean, you know that - its lifeless unless u hit partner =)

Per my knowledge from my HR Director from a MNC Firm, Generally Auditors are highly valued at 3years experience (obtained CPA) or 6 years experience (CPA + Managerial Role) in Commercial. Anything more then that, somewhat doesnt make any more differences.

In any case, should you be specialise in auditing banks before, ho seh!
Your future is bright =P Internal Auditor in Financial institute in Singapore is really in demand.

I am a ex-Big 4 auditor which took the (i) route.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
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
Auditor in UOB roy82 Income and Jobs 11 19-05-2015 08:20 PM
Internal Auditor villan1 Income and Jobs 12 26-12-2013 09:24 PM
Which industry(s) has/have the best prospect in the future? SG_User Income and Jobs 27 18-02-2012 12:13 PM
Future of IT industry SG_User Income and Jobs 15 17-02-2012 09:54 AM
Students - Have you thought about your future career? Salary.sg Income and Jobs 6 06-01-2008 01:25 AM

» 30 Recent Threads
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,099 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,304 Replies, 4,982,403 Views
GovTech ( 1 2 3... Last Page)
5,160 Replies, 2,162,849 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,471 Views
Career as Teacher ( 1 2 3... Last Page)
10,826 Replies, 6,664,100 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,451 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,254 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,799 Replies, 1,043,521 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,334 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,339 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 368,854 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,769,056 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,453,800 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 308,954 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,805 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,771 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,323,632 Views
Lawyer Salary ( 1 2 3... Last Page)
21,013 Replies, 10,328,301 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,200 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,451 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,024 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,282 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,443 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,295 Views
MX12 reappointed at MX11
8 Replies, 788 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,303 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,141,954 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,945 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,496 Views
Singapore Airlines ( 1 2 3)
22 Replies, 11,272 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:50 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2