Accountants earn more than bankers?!
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I've a working relationship with local banks, MAS, a couple of foreign banks, asset management companies, insurance companies (life and general), and law firms.Originally posted by dinky1409:Hmm is there a list of fellow sgForumners who are accountants, bankers, or working in the banking/finance sectors? Would love to seek advices and guidance from them..
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wOOt wOOt! Fellow ASOCer! SOA are sexayyyyy~Originally posted by thousandisland:what's the route of advancement for a acc grad? interested coz i studying acc at smu lol.
bachelors in acc -> newb accountant at big 4 -> all the way up to partner level?
though i think i'll go straight to investment banking? this path is possible right? coz acc can go banking & finance, but b & f grads cant go acc. so acc grads alw more advantaged. -
THE LIST
airgrinder
hehe will update if more willing to come and offer advice
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fark. shouldn't be an engineer.
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most acc grads will start off as auditor(2.2k only)Originally posted by thousandisland:what's the route of advancement for a acc grad? interested coz i studying acc at smu lol.
bachelors in acc -> newb accountant at big 4 -> all the way up to partner level?
though i think i'll go straight to investment banking? this path is possible right? coz acc can go banking & finance, but b & f grads cant go acc. so acc grads alw more advantaged.
den slowly do until get cpa
partner is very hard, must see any coy wants u
anyways the main job of partner is to bring in business, acc work r done by underlings -
That is called "window dressing"Originally posted by sir_boris:The real job of an accountant is to tweak the financial statements till it looks good to everyone.
Supposely not allowed (especially for listed companies) and that is the reason why auditors are there to check and advise the client based on Singapore Financial Reporting Standards (FRS) -
Of course ... maybe with all the creative accounting required to float those dreamy annual reports, must pay higher salary to buy silence and "talent"!
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Study what interests you, not what is best for the market.
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spinsugar.Originally posted by spinsugar:Of course ... maybe with all the creative accounting required to float those dreamy annual reports, must pay higher salary to buy silence and "talent"!
I hope you get your facts correct....especially it is monitored and read by people from accounting....I do not know what you mean by paying higher salary to buy silence and "talent". Can you please be more specific? I would love to hear your reply.....you mean "talent" to do creative accounting? The auditors are also not stupid you know.
The stringent requirements in corporate governance has make it such that it is a civil penalty to "float those dreamy annual reports". Furthermore, you mentioned annual reports, you would imply Listed Companies....that is even more of a greater risk and penalty as there are many common people vested in these listed companies. -
If im not wrong the more you waste the auditor's time to look through and correct your "creative accounting" the higher fees they charge.
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anything that's charged by the hour will always take a long time. take legal services for example, creative lawyering ensures a large paycheck.Originally posted by Skibi:If im not wrong the more you waste the auditor's time to look through and correct your "creative accounting" the higher fees they charge. -
That is why....if you pay someone higher just to do creative accounting for your company and even higher for your auditors to check, is it worth it?Originally posted by Skibi:If im not wrong the more you waste the auditor's time to look through and correct your "creative accounting" the higher fees they charge. -
lols! when are you matriculating? me next year :/Originally posted by dinky1409:wOOt wOOt! Fellow ASOCer! SOA are sexayyyyy~