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Originally Posted by Unregistered

As expected, orange is a lagger and remained silent about raising salaries based on the articles. Deloitte & KPMG announced salary hikes and at the very least EY and even a non big 4 RSM voiced their support on this

Originally Posted by kopi o di lo

Deloitte now 4.1k!

[s://.theedgesingapore.com/news/company-news/graduates-joining-deloitte-singapore-auditors-will-have-starting-monthly-salary[/

Originally Posted by Unregistered

Seem like saying or implying if a person did not take SCAQ, the SGX Listed Companies' commercial accounting department should not hire that person.

Ah, the folks in commercial accounting or finance departments of listed companies don't bother much with the Singapore Chartered Accountant Qualification (SCAQ). Their thinking goes like this, "Why bother with CA Singapore? I'm just doing commercial accounting lah! I don't need that ISCA CA (Singapore) title or go through the hassle of getting SCAQ. Only auditors aiming to become PA care about CA."

Then ISCA saying, "Okay, never mind, lor... I will tell ACRA, the regulator, that SGX listed companies must hire accountants who have ISCA CA membership to handle their accounts. Let's see if you all commercial accountants still think CA isn't necessary then!! In the future, you guys better have CA SG if you wanna touch listed company accounts."

Truly, ISCA can be quite the troublemaker, eh?

Originally Posted by Unregistered

There are aunties doing GL entry, AR or AP who have ACCA and converted to CA through the 5 days PAC without going through any professional exams. How is SCAQ prestigious? It is funny that they are considered qualified accountants when they do not even understand how financial statements work.

Originally Posted by Unregistered

With accounting standards and business transactions becoming increasingly complex,
accountants in in-house finance and accounting functions of companies need to be well equipped to produce accurate and high-quality financial reports and deliver valuable
financial insights to the organisation. The SCAQ, and the access it offers into the
professional accountancy body ISCA and the wealth of professional development,
networking and other resources available, ensure that

Regulators should emphasise to companies the importance of employing professionally qualified accountants in their key finance functions. This is particularly crucial in companies with high public interest such as listed companies, where accountants play a key role in assisting the company directors to discharge their fiduciary duties over their financial statements and protect the public interest

Originally Posted by Unregistered

Artificial attempts to make it as prestigious as law by setting roadblocks, all backfired because nobody wants to join. Now have to gostan

1 and only thing that matters is to INCREASE PAY. nth else matters

but they can't do it because audit fees alr so low and will eat into profit margins.

The industry is basically trapped in a death spiral

Get out while you can

Originally Posted by Unregistered

hahaha this profession is so cui. look at isca house, looks more like a warehouse in a B grade office building than a HQ. zero prestige profession