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| Income and Jobs Discuss jobs, career options and of course salaries |
Topic Review (Newest First)
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| Today 10:17 AM | ||
| Unregistered |
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I wonder is it ISCA is afraid of complaints from NTU, NUS, and SMU graduates regarding ISCA giving exemptions for CPA Australia members under MRA. ISCA probably be thinking the local university graduate feels unfair that CPA Australia members only need to do 1 x Capstone exam paper. However, ISCA seems to be addressing these concerns by introducing an "Accelerated Pathway" to current batches of undergraduate (students) currently studying in university. Under this program sponsored by ISCA, current undergraduate from these universities can start tackling ISCA SCAQ papers early, completing two exam papers under sponsorship during their university years and then being exempted from two more exam papers upon starting work. This essentially means the current undergraduate batches only need to complete one Capstone paper after graduation or upon working, leveling the playing field for all. ISCA's CEO, Fann Kor acknowledges the challenges of balancing work and studies. Which is why I think the "Accelerated Pathway" has been introduced. This initiative aims to streamline the qualification process, with future local universities graduates, CPA Australia members, and possibly ACCA members all just needing to complete one Capstone exam. However, there's still a discrepancy for backlog graduates between 2013 and 2023 who must complete five exam papers under the existing SCAQ system. Nevertheless they may benefit from some exemptions, reducing their workload to just three to four papers. In an effort to attract more members, ISCA should really consider reverting to the old system of a five-day workshop and three years of experience, which would accommodate local graduates, ACCA members, and CPA Australia members. There are also discussions about the necessity of the ATO requirement, especially for companies where the finance department is not a significant part of operations. There are still companies in the SME sector not registered as ATO. While ISCA has signed RMAs and MRA with various international bodies, some of these agreements seem less practical, as professionals are unlikely to relocate due to tax system differences. The recent introduction of the "Accelerated Pathway" seems to contradict ISCA's previous strict rules set in 2013 Singapore Qualification Programme SQP, which required candidates to work full-time under ATO for 3 years while studying for the SCAQ (i.e. CPA exam). This change allows undergraduates to complete two SCAQ papers during their university years and get two SCAQ exemption paper suggesting a shift in ISCA's approach. In short, the year 2028 graduates will only need to do 1 x Capstone In essence, ISCA is undergoing significant changes to its qualification process, aiming to accommodate a wider range of candidates while also addressing previous criticisms and challenge |
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| Today 09:17 AM | ||
| Unregistered |
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After SQP was introduced, people complained and say "I born too late" Now after "SCAQ Accelerated Pathway 2 x sponsored paper" + "2 x Exemption after graduation" introduced, people say "I born too early" |
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| Today 09:16 AM | ||
| Unregistered |
Quote:
After SQP was introduced, people complained and say "I born too late" Now after "SCAQ Accelerated Pathway 2 x sponsored paper" + "2 x Exemption after graduation" introduced, people say "I born too early" |
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| Today 08:54 AM | ||
| Unregistered |
Why so many backlogs in so many audit firm? Why so many job openings? |
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| Today 08:52 AM | ||
| Unregistered |
Honestly the work life balance is improving and I expect it to get even better in 3 to 5 years. When I joined in 2010, the senior managers were all old birds belonging to an era where work is life and they had certain practices which would surely get them cancelled in this day and age. That generation of senior managers has mostly all left, replaced by my batch / juniors of Millennials which are more results oriented and will not force you to OT for the sake of OTing even when you have nothing to do. In another 3 to 5 years, once the Gen Z 2000 kids become seniors and managers, the culture should likely get even better. |
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| Today 08:50 AM | ||
| Unregistered | Since the IGP/A’s/IB score to enter into the accountancy programme for the three local unis have fallen, does anyone know where our brightest are going? Outside of law / med / (I guess computing) and overseas scholarships | |
| Today 05:45 AM | ||
| Unregistered |
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Even with 3 mths bonus on average 300k... The ts above mentioned 400k median... But obviously can't just compare on numbers because in big four, your work is your life so **** that |
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| Today 01:30 AM | ||
| Unregistered |
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| Yesterday 11:54 PM | ||
| Unregistered |
why audit everytime raise pay will put on news? pls. 4.1k still below median for SMU. so xiaxuey sia... 4.1k confirm lower than most banks. |
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| Yesterday 11:16 PM | ||
| Unregistered |
just dont have too high expectation... this is 2024, not 2010 jump straight from senior/AM to big names like Apple, Google, J&J, Bytedance are extremely difficult unless u got somebody who can bypass the HRs and submit your resumes directly to the hiring manager. each role in this big names has abt 100+ applicants, a lot of them are big 4 auditors/advisory/other service lines, so how are u differentiating yourself with others when u all trained by the same cookie cutter, lol perhaps if u want to jump, my realistic advice is start off with some mid-tier firms in the industry u want to go and then stay for 2-3 years. then aim for the big names |
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