Today 01:45 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
cos grinding in FS/insurance audits for 3-4 years sounds easy and bearable when i type all this out but imagine 3-4 years of no life work like zombie until 2-3 am in real life
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Yeah, FS audit has the worst peak. Year round, high expectations since frequent inspections, tons of work.
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Today 12:52 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
The irony is FS depts in all big 4 appear to be lacking the most ppl. Private equity, banks and insurance/re-insurance firms are the most willing to hire big4 auditors w/o commercial exp at matching or higher salary. Yet no one wants to do FS audit.
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cos grinding in FS/insurance audits for 3-4 years sounds easy and bearable when i type all this out but imagine 3-4 years of no life work like zombie until 2-3 am in real life
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Today 12:35 AM |
Unregistered |
The irony is FS depts in all big 4 appear to be lacking the most ppl. Private equity, banks and insurance/re-insurance firms are the most willing to hire big4 auditors w/o commercial exp at matching or higher salary. Yet no one wants to do FS audit.
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Yesterday 07:01 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
Only for associates ?
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Just go work 2 years then chao
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Yesterday 06:35 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
As far as i can tell, only financial services industry jobs incl fintech can match or possibly give higher than audit pay. The rest 99% is ggpaycutsrynotstyidgaf.
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This is my experience too, unfortunately if you didn't audit FS companies you're **** out of luck.
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Yesterday 05:32 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
Is pwc audit the highest paid now? Heard the revised salary….
How about the rest
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Only for associates ?
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Yesterday 05:27 PM |
Unregistered |
Is pwc audit the highest paid now? Heard the revised salary….
How about the rest
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Yesterday 04:55 PM |
Unregistered |
As far as i can tell, only financial services industry jobs incl fintech can match or possibly give higher than audit pay. The rest 99% is ggpaycutsrynotstyidgaf.
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Yesterday 02:36 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
Not just audit but other service lines too.
But impacts audit more heavily due to the lower fees and margins. Would be great if the govt could step in to intervene with audit fees by setting a floor. And big four setting lower margin requirements - sorry partners
For a more sustainable industry?
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Dont know which firm you are in. Big4 Audit margins are high, engagement economics always look like **** because of cost accounting and all the inbuilt margins, in reality you can charge 16 hours per day @ $160 charge rate but your cost is still fixed to 4k.
Just pay attention during townhalls, audit profit margin is easily 30+% then take a look at your listcos profit margin.
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Yesterday 02:29 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
Recently left, been searching for 9 months before that, left as manager and got 1 rank pay increment. I also know people who recently left and got 2 rank pay increase. All left for MNCs (they usually pay better)
Just know how you can bring value and sell it. If you can't sell that or don't know how you can value-add, then you deserve lower pay.
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9 months is pretty long. I hope I can get a job before Dec 24 peak. Based on the ppl above seems like going to be real bad
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