Quote:
Originally Posted by darklord700
If the proposed merger goes through;
Winners:
-Big 4 firms, increased supply of grunts for their exploitation
-Experienced CAs in public practice, they’ll be calling the shots in the new organization
-Young CMAs/CGAs who will work for more than 10 years
-Public, no more confusions about who the hell CAs/CGAs/CMAs are
Losers:
-Young and newly accredited CAs for the obvious reasons
-Future accounting students, no escape from being grunts for 3 years now
-New immigrant accountants
-Employees in the many CA/CGA/CMA offices
|
I disagree... I think you missed the point that the grunt work is no longer going to be required. The Big4 will have to pay wages competitive with the market and have working conditions competitive with the market in order to attract anyone. Why would anyone do that kind of work if they could get the same qualification in the corporate world?
I imagine audit fees will be increasing!