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Today 05:57 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I think the salary adjustments are mainly for associates. I don’t think seniors will have a significant increment. Maybe a $200 more ?
No announcement yet. Fingers crossed man.
Today 05:55 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
for context, i will not be promoting in the cycle this year so I will be stuck as year 1 senior
I think the salary adjustments are mainly for associates. I don’t think seniors will have a significant increment. Maybe a $200 more ?
Today 05:47 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I am exiting big4 corporate tax for AM role in mid tier. Now that big 4 announce salary adjustments i fomo. Is it a good time to leave, or should I just stay ? ): But I want my work life balance back.
for context, i will not be promoting in the cycle this year so I will be stuck as year 1 senior
Today 05:44 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Just stay. Im trying hard to join big 4. Mgr here from mid tier.

Big 4 is the future.
Is the wlb at mid tier tax good? I dont mind taking lesser pay for better hours tbh.
Today 05:43 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I am exiting big4 corporate tax for AM role in mid tier. Now that big 4 announce salary adjustments i fomo. Is it a good time to leave, or should I just stay ? ): But I want my work life balance back.
Just stay. Im trying hard to join big 4. Mgr here from mid tier.

Big 4 is the future.
Today 05:28 PM
Unregistered I am exiting big4 corporate tax for AM role in mid tier. Now that big 4 announce salary adjustments i fomo. Is it a good time to leave, or should I just stay ? ): But I want my work life balance back.
Today 05:08 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I am a senior manager in an audit firm

I told the partner and HR to throw big money into hiring young people

But young people just do not want to join

A few reasons:

1. Scare no work and life balance

2. Scare OT

3. Scare clear backlog

4. Scare take over people saikang

5. Scare too much workload

6. Scare becomes people's scapegoat

7. Scare cannot meet deadlines

8. Scare no one teach

9. Scare slow and cannot catch up

10. Scare no one guide

11. Scare being taken advantage

12. Scare kena exploited

13. Alot of opportunities - no need just do audit or accounts

14. Scare previous person working paper quality like sh1t

15. Scare one person tank 3 person jobs

Basically young people are very smart not to join audit firms....
The existing staff covered most of the above (OT, clear backlog, tank 3 jobs) don't see partners increasing salaries significantly, except when **** hits the fan

If these are the attributes of the potential hires, won’t it create more burden for existing staffs. Maybe you will see these new hires replacing existing staff.

There are a lot of young people. it just depends on whether you have already reached the hiring quota.
Today 04:41 PM
Unregistered I am a senior manager in an audit firm

I told the partner and HR to throw big money into hiring young people

But young people just do not want to join

A few reasons:

1. Scare no work and life balance

2. Scare OT

3. Scare clear backlog

4. Scare take over people saikang

5. Scare too much workload

6. Scare becomes people's scapegoat

7. Scare cannot meet deadlines

8. Scare no one teach

9. Scare slow and cannot catch up

10. Scare no one guide

11. Scare being taken advantage

12. Scare kena exploited

13. Alot of opportunities - no need just do audit or accounts

14. Scare previous person working paper quality like sh1t

15. Scare one person tank 3 person jobs

Basically young people are very smart not to join audit firms....
Today 04:37 PM
Unregistered While you guys at the bottom are complaining about low pay, your partners just bought their third/fourth landed property.
Today 04:32 PM
Unregistered The Institute of Singapore Chartered Accountants (ISCA) is currently so desperate for Chartered Accountant (CA) members that the Singapore Chartered Accountant Qualification (SCAQ) has become highly flexible, offering exemptions and Accelerated Pathway from years 2020, 2023, and 2024.

Previously, candidates had to pass five CPA exam papers and work full-time under an Accredited Training Organization (ATO) for three years, regardless of whether they were top students at NTU or had First Class Honours.

Between year 2014 and 2023, NTU graduates frequently complained, arguing, "We have already completed courses in tax and financial reporting at NTU; why should we repeat them?"

Is this kind of argument acceptable to ISCA?

Unless the SCAQ exam papers are identical to NTU's exam papers, such exemptions seem questionable.

Moreover, candidates for the CPA exams in the USA and Hong Kong still have to complete their CPA exams after graduation without claiming exemptions based on their university coursework in tax and financial reporting.

By this logic, shouldn't our lawyers also be able to argue against taking the bar exam, saying, "We have already covered these subjects at NUS, why repeat them in the bar exam"?

Does this make sense?

Anyway, here is the timeline for the exemptions:

Effective from September 2020:
Exemption for the Taxation Module, e.g., NTU - Advanced Taxation (BL9305/BL5305)

Effective from January 2023:
Exemption for the Financial Reporting Module, e.g., NTU Financial Reporting (both Risk Reporting and Analysis (AC3102) + Accounting Analysis and Valuation (AC3103))

Effective from April 2024:
Introduction of the Accelerated Pathway Programme sponsored by ISCA, including:
a. SCAQ - Assurance (AS)
b. SCAQ - Business Value, Governance, and Risk (BG)

Essentially, future undergraduates will just need to complete one capstone paper upon starting their professional careers.
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