Today 04:45 PM | ||
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Can exit. Just that pls don’t expect to exit as mgr with 20% pay bump + original title Becos why would a commercial firm hire someone in with only audit experience to manage a team ? How u manage ppl who knows the system and business better? Financial reporting is like 20% of what ppl do in commercial and u can find $4k accountants easily |
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Today 04:32 PM | ||
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Big 4 is the future |
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Today 04:14 PM | ||
Unregistered | before 2023, ez pz. from 2023 onw, good luck | |
Today 04:13 PM | ||
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Today 03:54 PM | ||
Unregistered | I’m OP. I do audit 3 years look like 35 years old alr.😭 | |
Today 03:11 PM | ||
Unregistered |
Gov throw $15m and audit firm increase salaries for A1 to $4.1K Is like saying "Limpeh throw money" = see people want to join or not? Is really a display of arrogance! Remind of our water experts. If many people are using water, simple!! just increase the water tax lor...see people still dare to use so much water or not? Is like playing with numbers Dump $15m = increase 100 people join audit industry Dump $30m = increase 200 people join audit industry Dump $45m = increase 300 people join audit industry Dump $70m = increase 400 people join audit industry |
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Today 02:55 PM | ||
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But 3 years very fast gone what |
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Today 02:44 PM | ||
Unregistered |
The underlying issue on why audit industry in Singapore is facing these issues is mainly the structure of big 4s are too top-heavy. Due to the LLP structure, all the partners are just accumulating at the top, expecting their salaries to rise 5% yearly while not bringing in more business for the firm. They can’t be removed as well as they are technically the owners of the firms. No point fighting among yourselves for an issue that the govt can’t even handle… For SCAQ, they are just a joke and making CA title completely worthless. Requirements constantly changing just for them to hit their quotas. Increasing salary and giving exemptions to fresh grads to give them the incentive to start on SCAQ. But the 3 years practical experience requirement is the real KPI that they are looking at to keep us fresh grads stuck in big 4 to do audit. If ISCA purely wanted more CAs, then I look forward to them reducing the 3 year requirement. Since they already given more exemptions, candidates should take a shorter time to complete CA right? REDUCE THE RPEC REQUIREMENT For ppl thinking of studying accountancy, don’t |
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Today 02:38 PM | ||
Unregistered | The only seniors left this year will either be the foreigners waiting for their PR getting approved, or those who just love audit waiting to become partner | |
Today 01:56 PM | ||
Unregistered | It’s not over. Can change course when enrolling in uni as long as cgpa > 3.9/4 | |
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