nice pantry too

This post has been edited by Itu_Dia_Man: Apr 14 2010, 07:03 PM

We'll be back . YH is currently on study leave now. We'll continue our pantry adventures soon

, I don't share that hobby of yours . He'll be back after the first week of May. Now all the CPA fellows are taking leaves cuz their exams are coming soon. Yup, currently on a KL job near Pavillion for roughly a month. So after that we'll come to see how dead you are

Yup. The one who left in Dec was CYKIT. You still surviving eh? Most of the A8 fellows are now either on notice or left already. At this rate, we'll probably have enough fingers to count our AMs by end of this year

Unless you are just back from a secondment . The thing is at the beginning, there were more A8 people than A3 people. So that shows the huge change from way back then and how the department's standards has fallen.

Couldn't agree more

Well, a very good director had just return from secondment to PPD, heard he's a nice guy too.

The thing is the fun factor in auditing has disappeared as compared to pre-merge times. People in the dept has become far too individualistic. I heard that during the old times in the old building, A8 people used to have lunch together in a big group and birthdays are celebrated too in the dept. Its like one big family during those days. Turnover rate was one of the lowest among all the depts in KPMG and considered to be the best dept to work in due to its working culture.

Sorry for bringing up the good old times back but this is what I have gathered from my A8 seniors that I had the honour and privilege to work with. In fact, the whole lot were A8 people . And they were nice seniors too as they don't do things like staying late for the sake of staying and talking a whole lot of crap while working.

I couldn't help but laugh

Are you seriously kidding me? Now they are using KPI to threaten you guys?

If you guys manage to win your categories, then its all good and dandy. How about when you suffer an embarrassing defeat? ie your hockey team got trashed 5-0 or something like that . They'll reduce your increment or just give you more work as a punishment?

Are you joining Audit M or still considering offers?

In or not in, there's no in-between

Here are the Ms:
Culture= Must work late late
Work load= More than you can ever imagined
Client base= Macam-macam ada

Can't reveal clients name due to data privacy purposes . The client base mainly relates to insurance, real property and manufacturing clients. Its fair to say that we have the most rojak set of clients among all the depts in KPMG.

Dun scared. Fear leads to anger, anger leads to hatred, hatred leads to suffering

Dun say like that. I believe you are referring to Audit G.

I heard it was a minimum of 10 months, unless you are very exceptional and the managers recommend you to be promoted. The thing is KPMG has abolished the rank of AA1 and AA2 leaving all as just Associates. So you'll just get the increment at the end of the day.

Congrats, well you should be rejoining Audit K as you were a VT there. Its fair to say that Audit K is currently the most stable department in KPMG and to say it is the best is not an overstatement. You can see it by the way they treat the VTs.

Its not after 2 years. Previously you will get promoted to AA1 (usually after your first year), but now since that rank has been abolished, you will only get the increment. Its like getting an increment but with no change in the title. You will only get promoted to S3 after about 2 years as an Associate providing you do not screw up.

You should insist on remaining in K. If not, there are still many choices out there. The partner was saying that the job market in Singapore is opening up again so this is a good time to work there.

Which department offered you?

Good luck mate

Well, I know some who stayed as AA2 for nearly two years before getting promoted to AA1, so you wonder why they did not get promoted at the first place. The term 'screw up' can be defined in many ways. I'll use a simple example. You propose a figure adjustment to the client because your calculation differs greatly from the client's accounts. You insist on the client taking up the adjustment and eventually they do. Later on, you found out that the difference in the calculation was actually down to your own casting error. This would mean that the client need to reverse the adjustment out in the next financial year. In short, you screwed up. The following year's team would have to incur the wrath of the client

Good luck then

Basically the whole team would need to take the blame. However, if heads must roll, do you think your seniors would rather lose their head to protect yours? In the end, if that error occurs in the working paper bearing your initial, then you will shoulder most of the blame. Its a dog eat dog world

Looks like its the same in PwC too huh? Only in KPMG its the other way around, promotion in December, increment in June. All these Big Four pakat already wan. Heard that Big Four partners always go yum cha together

Lol, I dun know abt other depts but M's partner-in-charge announce in an email that all those join the dept last year but did not get promoted at the year end would be given increment as a way to compensate them. If the old policy still exist, those who join in May-Sep last year would have been promoted this coming June. So its fairer la to at least compensate them in monetary terms. In addition, I think those top performers would also be given increment in order to retain them judging by the recent senior turnover rate in my dept. We even lost several jobs to your dept, G or should I say, temporary loan . Next week is your senior meeting for performance evaluation right? Probably Man Kwong will announce the increment thing after that.

Maybe he needs