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11-04-2010, 07:57 PM
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#51 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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PwC = $30K to start and my friend hasn't gotten a raise in 2 years
She works in tax
Another friend who is starting her audit at PwC is getting $32K or $35K
She's been there for 2 years and just transferred into the audit program
mr85 I don't know where you're getting your numbers from
PwC has been slowing down and laying off people, only to rehire fresh grads (slaves) at a lower salary
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11-04-2010, 08:04 PM
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#52 | | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2006 Location: Vancouver
Posts: 1,599
Thanked 492 Times in 125 Posts
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$30k? really? Why does everyone go into accounting then?
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11-04-2010, 08:30 PM
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#53 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,150
Thanked 2,075 Times in 871 Posts
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Originally Posted by mr85  45k after university graduation. Then you go into auditing and CA school for ur designation  |
which firm offers you 45?
the most i've heard is 35-38 or about $20/hr
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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11-04-2010, 08:34 PM
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#54 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
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Everywhere is competitive, 36-38k to start. Firms usually pay for CASB fees.
I'd say the probability of landing a CA job is not very high, you need great networking skills. That means attending to every single networking event. They evaluate you right there, and start picking even though it's only supposed to be an "info session".
I am not in the industry, but I have friends in the industry and it's a mix bag of success/failures.
Recession proof? kind of, relative to the financial sector.
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11-04-2010, 09:24 PM
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#55 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Dec 2002 Location: burnaby
Posts: 182
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I've been in a Big 4 for just over 3 years. Recession proof - hardly. No profession is. Whether it be through increased competition for industry jobs, or shittier salaries in public practice, everyone feels the highs and lows of the economy. Average starting salary in Big 4 is 37-39k. Tax is a different beast. You don't need to be a CA to be in tax, and not all entry level positions in tax even set you up to become a CA. More and more people are taking the 'tax CA' route, however, in general, pass rates for the UFE are lower from this stream. I think there are a lot of misconceptions about 'slave labour', and being 'underpaid'..university grads often think that they're worth 50k+ straight out of school, but what the firms pay really is around market value for a fresh business grad. Pay your dues, and you'll get your payday.
As for replacing staff with 'fresh grads at a lower salary', that does not/cannot happen in the profession. It is a very specialized profession that takes time to become better at. New grads can crunch numbers, but there is so much more to the job than just that. Judgement is what clients pay you for, and that takes time to develop.
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11-04-2010, 09:41 PM
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#56 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,150
Thanked 2,075 Times in 871 Posts
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^ wow someone who can actually say that accounting is not just about number crunching!!
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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11-05-2010, 05:23 AM
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#57 | | Banned By Establishment
Join Date: Sep 2006 Location: vancouver
Posts: 233
Thanked 5 Times in 4 Posts
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| Quote:
Originally Posted by tiger_handheld which firm offers you 45?
the most i've heard is 35-38 or about $20/hr | pwc, my sis works there 2nd year. 1st year she was co-op started with 30k and with second year she got a raise to 45k
Last edited by mr85; 11-05-2010 at 05:29 AM.
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11-05-2010, 09:11 AM
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#58 | | Need my Daily Fix of RS
Join Date: Feb 2010 Location: Nu Joisy
Posts: 275
Thanked 142 Times in 39 Posts
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Originally Posted by d1 $30k? really? Why does everyone go into accounting then? | It's about what you get after grinding it out.
And like I said earlier, accounting is not recession proof. I'm not sure why anyone would claim it is.
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11-05-2010, 09:29 AM
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#59 | | Captain Happy Bubble is my Homeboy
Join Date: Jan 2010 Location: Vancouver
Posts: 318
Thanked 48 Times in 23 Posts
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Considering that those casb modules are quite expensive the institute charges levy for each student plus the registration fees and what not, that should tack on a few grand on to the "salary" Posted via RS Mobile | |
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11-05-2010, 09:42 AM
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#60 | | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,111
Thanked 2,658 Times in 1,196 Posts
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Originally Posted by d1 $30k? really? Why does everyone go into accounting then? | It's a perfectly respectable profession for the typical Asian kid who grew up in East Vancouver. It requires hard work, but it's nothing streneous like a job in health care. Salaries are perfectly decent (once you have a few years of experience under your belt), and prospects for mates are as well.  | |
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11-20-2010, 09:02 PM
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#61 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,150
Thanked 2,075 Times in 871 Posts
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does anyone here have experience at the Big 4? KPMG in particular?
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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11-28-2010, 11:52 AM
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#62 | | My homepage has been set to RS
Join Date: Jan 2004 Location: 604
Posts: 2,422
Thanked 45 Times in 28 Posts
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^ i have few friends who just started what did you want to know
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11-29-2010, 12:24 AM
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#63 | | Need my Daily Fix of RS
Join Date: Jun 2002 Location: Vancity
Posts: 251
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i work at a midsized and i started at 40k
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12-04-2010, 08:52 AM
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#64 | | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
Posts: 8,141
Thanked 4,146 Times in 1,143 Posts
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What is the typical path to becoming a CA? I heard that some firms prefer Arts students over Business students because they can pay them a much lower salary since they would be learning the same material and receiving the same designation. Can someone cofirm this?
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12-04-2010, 01:15 PM
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#65 | | Captain Happy Bubble is my Homeboy
Join Date: Aug 2005 Location: van
Posts: 314
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Accounting Degree -> CA training office -> CASB -> UFE
Arts students usually have to complete UBC DAP to completed the required creidts before they're even considered.
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