Accounting salaries continue to rise

astina

All right, let us see something positive after the disappointing news about migrant accountants. Here it comes:

Accounting salaries for positions under $100,000 are on the rise by 5 to 7 per cent according to the latest Ambition Accounting and Finance Market Trends and Salaries report for June 2005.

The report – released by recruitment firm Ambition – shows that the accounting and recruitment market has been driven by supply and demand issues for the first half of 2005, with both these drivers easing as the market emerges from its 2004 growth spurt.

Market hot spots include:

part and newly-qualified accounting and finance candidates
government roles encompassing audit, compliance and risk
specialist tax and treasury positions
off-shore accountant and finance positions

Hot skills include:

governance skills
business analysis
audit and product control in a financial services environment


Sarbanes-Oxley, Basel II and international financial reporting standards (IFRS)
Ambition predicts the accounting market will remain buoyant for the remainder of 2005 though it is believed that is dependent on a steady economy for China and the United States.

茄菲

good news!

无产阶级

Sarbanes-Oxley
some of my previous colleague in KPMG shanghai doing SOX now. but I am not quite sure if they can do the same thing here. It sounds very high level.

astina

People are now talking about SOX everywhere. Whenever you apply for an accounting job, they would ask whether and how much you know about SOX. Doubtlessly, SOX creates many job opportunities.

溪霓冬雪

astina  在 2005-6-22 10:56 AM 发表:

People are now talking about SOX everywhere. Whenever you apply for an accounting job, they would ask whether and how much you know about SOXS. Doubtlessly, SOXS creates many job opportunities.

SOX是个什么东东亚，跟SAP差不多吗？

无产阶级

If I stay in KP for 6 month more, I will probably know something about it. I suggest If As could give us a brief of SOX? SOX is Act passed due to the collapse of Enron and Worldcom in US.

astina

Its actually very boring stuff.

Sarbanes-Oxley is a US Act,  passed after the major corporate collapse. Its purpose is to tightly regulate accounting profession by implementing stricter internal control procedures and emphasizing concepts such as independence, separation of duties and etc. It requires more paperwork as proof of communication and approval and can become sometimes too bureau tic.

溪霓冬雪

astina  在 2005-6-22 11:11 AM 发表:

Its actually very boring stuff.

Sarbanes-Oxley is a US Act,  passed after the major corporate collapse. Its purpose is to tightly regulate accounting profession by implementing stricter internal ...

哦，好像有点印象，书上好像说过，偶一看就不是好学生，先不说这个，那我下学期学CPA的话，我选financial accounting是不是可以学点这个？

astina

溪霓冬雪  在 2005-6-22 11:17 AM 发表:

哦，好像有点印象，书上好像说过，偶一看就不是好学生，先不说这个，那我下学期学CPA的话，我选financial accounting是不是可以学点这个？

plenty of them

Happybanana

无产阶级  在 2005-6-22 08:51 发表:

Sarbanes-Oxley
some of my previous colleague in KPMG shanghai doing SOX now. but I am not quite sure if they can do the same thing here. It sounds very high level.

Yeah, Wuchan, we were required to perform SOX review on JY's famous job..........

溪霓冬雪

astina  在 2005-6-22 11:19 AM 发表:

plenty of them

，呵呵，我这不是把自己往火坑里推吗？
谢谢AS jj

无产阶级

Happybanana  在 2005-6-22 11:33 AM 发表:

Yeah, Wuchan, we were required to perform SOX review on JY's famous job..........

Messer or Gillette? I think Gillette should passed to EY? coz the group has been purchased by P&G. right?

Happybanana

无产阶级  在 2005-6-22 09:59 发表:

Messer or Gillette? I think Gillette should passed to EY? coz the group has been purchased by P&G. right?

Gillette。 P&G's auditor is Deloitte， not EY. But Deloitte provides IA service to Gillette. We may still perform statutory audit. Not finally decided...

无产阶级

Hate Gillette Shanghai, and the accountant. they are not educated. hehe

cheers

are you guys old pals in KPMG Shanghai? JY is exactly my initial too...haha

cheers

good news, AS JJ!!

SOX SUCKS, adding more study load to us...

Happybanana

cheers  在 2005-6-22 11:02 发表:

are you guys old pals in KPMG Shanghai? JY is exactly my initial too...haha

Not u

cheers

Happybanana  在 2005-6-22 01:08 PM 发表:

Not u

lucky not me.

cheers

is there a partner who called Cheryl Fung in your Shanghai Offiice?

小灵通

云里雾里。

Happybanana

为人民服务  在 2005-6-22 15:30 发表:

Because my company is us and public listed company, so that last year, I have faced three internal auditing from top three firms.

This week I also need to look after other internal auditors from ...

景仰！！！

Happybanana

cheers  在 2005-6-22 11:10 发表:

is there a partner who called Cheryl Fung in your Shanghai Offiice?

Yes！！Actually I am an audit team member of some of her engagements.

淘淘

本狗会计知识欠佳， 但看到提薪还是很开心的。。。嘻嘻。。。。

smilingmango

So many ex-kpmgers? Happy to meet you here.

cheers

smilingmango  在 2005-6-24 01:30 PM 发表:

So many ex-kpmgers? Happy to meet you here.

which office were/are you from?

[ Last edited by cheers on 2005-6-24 at 01:44 PM ]

Happybanana

cheers  在 2005-6-24 11:44 发表:

which office were/are you from?

Mango and Banana are colleague and friend. Both of us are from Shanghai Office. Hehe...

astina

Happybanana  在 2005-6-24 01:49 PM 发表:

Mango and Banana are colleague and friend. Both of us are from Shanghai Office. Hehe...

haha , a happy bunch of fruits

cheers

Happybanana  在 2005-6-24 01:49 PM 发表:

Mango and Banana are colleague and friend. Both of us are from Shanghai Office. Hehe...

all right. is Cheryl Fung still in Shanghai? Is she married?

astina

cheers  在 2005-6-24 01:51 PM 发表:

all right. is Cheryl Fung still in Shanghai? Is she married?

现在开始转入８挂

Happybanana

cheers  在 2005-6-24 11:51 发表:

all right. is Cheryl Fung still in Shanghai? Is she married?

Yeah, she is till in Shanghai and STILL single. Heihei