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Originally Posted by Unregistered

It’s ok because end of the day you still only have 24 hours a day.

I keep hearing people say they will stretch you more and more, but that has been going around since the 2000s.

Like a rubber band, you either learn to be elastic and adapt or snap and leave.

End of the day, if audit quality suffers, it’s the risk of the partners to decide if they are comfortable to sign or ask client for time extension.

Originally Posted by Unregistered

The x3 is too misleading because prices are not 1 to 1.

By your logic, does it mean I get x110 salary in Japan?

Originally Posted by Unregistered

1) Staffing for engagements may be reduced, such as going from 2 seniors and 2 associates to 1 senior and 2 associates.
2) Time allocation for engagements could be reduced, for example, shortening a 3 months engagement to 2 months.
3) You might also be asked to assist on other engagements while working on an existing one to optimise resource utilisation.

Originally Posted by Unregistered

lol gen z bb pls stop take yourself so seriously… not becos you kpkb that’s why increase salary…. Is purely becos EP threshold changed lah

And nobody cares if we join audit or not. Always enough supply of fresh blood from neighbour who can x3 salary and work hard one

My suggestion is just go for better industry. Take your acc degree as a skill not a career

Originally Posted by Unregistered

If you like working until 2 am daily, working on weekends, and on public holidays while your friends are out enjoying themselves, then audit might be for you. However, you might wonder why you are working so hard yet earning less than the average fresh graduate. your neighbours can enjoy themselves, buy condos, cars etc, but you can't do those things. Is it worth it?

Of course, some will say that if you're in it for the money, you shouldn't join audit. So, do we join audit for passion or for the overtime life? Ridiculous.

As for the SCAQ, its value has decreased now. It's not necessary to have it or to stick it out for three years in Big 4 firms. I don't think hiring managers specifically look for it.

Originally Posted by Unregistered

currently how many concurrent engagements do auditors do?

Originally Posted by Unregistered

cost of auditors increase.
big 4 still need to maintain cost competitiveness with their clients (i.e., MNCs and companies engaging big 4 for audit). It is unlikely that big 4 would be able to nego for a substantially higher price.
big 4 in turn have to aggressively take on many more deals to maintain profitability.
auditors pressured to decrease their turnaround time for each project, i.e., if you were paid 5k and churning ~3 engagements a year, you now get paid 6k but pressured to church 4-5 engagements a year.

Originally Posted by Unregistered

how will the workload increase?

Originally Posted by Unregistered

Heard one of the firms hiring is stricter now because they increased the pay. So the workload per person is going to increase.

The firm was also the most lax in hiring people in the past. It feels like you're an outsider within the company. Lol

Originally Posted by Unregistered

lol gen z bb pls stop take yourself so seriously… not becos you kpkb that’s why increase salary…. Is purely becos EP threshold changed lah

And nobody cares if we join audit or not. Always enough supply of fresh blood from neighbour who can x3 salary and work hard one

My suggestion is just go for better industry. Take your acc degree as a skill not a career