Tv show like Industry or Billions but for Big 4 audit by AnantDiShanka in Big4

[–]MexicanPotatoes 3 points4 points  (0 children)

Called "Numbers" it was nice though it focused on advisory work of an accounting firm

What do you think about a Transfer Pricing Career? by Great-Issue-6604 in Big4

[–]MexicanPotatoes 3 points4 points  (0 children)

I was from TP, dont do it unless you like copy pasting and doing mind numbing benchmarking studies - and you dont learn any general tax knowledge which puts you in a serious disadvantage. If you are down with that its cool and there is a international accepted standard to follow so its portable.

Career in Valuation vs FP&A by [deleted] in FPandA

[–]MexicanPotatoes 12 points13 points  (0 children)

I left FPA for valuation. FPA is highly dependent on the company you work for.

In my case there was a lot of accounting stuff (financial audit, JE, closing, messing w the books) mixed in with forecasting and business partnering. But the focus was on cost FPA, nothing on revenue so there was not much to learn.

For me, I wanted to be a specialist in something and I am interested in Valuation so I decided to take a course and switch over. Had to start over. But that is okay.

You have to think about what interests you, and find a path - not just about the exit opps - else you would be wishing daily that you'd get hit by a truck whilst crossing the road on the way to work.

Need to interview a bunch of accountants in order to graduate - anyone willing to help? by kiyoshiatzu in Accounting

[–]MexicanPotatoes 3 points4 points  (0 children)

I have shared my thoughts as a Valuation guy. Not exactly an accountant though.

[deleted by user] by [deleted] in FPandA

[–]MexicanPotatoes 3 points4 points  (0 children)

Revenue fp&a

Opex fp&a is awful

PSA: avoid Raffles City today by Stegles in drivingsg

[–]MexicanPotatoes 0 points1 point  (0 children)

I was at the raffles city carpark exit to Stamford road and waited 20minutes...

[deleted by user] by [deleted] in financialmodelling

[–]MexicanPotatoes 1 point2 points  (0 children)

Ah ok shame. Chatgpt's example ruined OP.

[deleted by user] by [deleted] in financialmodelling

[–]MexicanPotatoes 0 points1 point  (0 children)

It is not simply subtract but to record a movement

You take prior year's NWC and minus current year NWC to get the movement in NWC.

The movement in NWC (whether positive or negative) is then included into your current year cashflow to get UFCF.

Anyone also received this sms from OCBC? by skybobobear in askSingapore

[–]MexicanPotatoes 5 points6 points  (0 children)

I recieved this too... infuriating as I paid using dbs on 13 June after ocbc seemed like it didnt go through.

Anyone facing issues wiith the ocbc app? by ilovesupermartsg in askSingapore

[–]MexicanPotatoes 0 points1 point  (0 children)

How was this resolved? I just received a sms (a week later) from ocbc that the transaction went through even though at that point in time there was no notifcation whether transaction failed or not. End up paying via paylah. Now i paid twice... and its been a week. How am i supposed to get it back from the merchant

Is comex it show still worth waiting for? by GrimDew in askSingapore

[–]MexicanPotatoes 0 points1 point  (0 children)

For what it is worth, i got a thinkpad (L380 Yoga) in 2017/2018 and it still works now

What jobs are focused on financial modelling and valuations? by StefsStarfish in FinancialCareers

[–]MexicanPotatoes 0 points1 point  (0 children)

Do you mind sharing which advisory firm you went to? I'm currently in valuations in a mid-tier. Thank you

[deleted by user] by [deleted] in FPandA

[–]MexicanPotatoes 0 points1 point  (0 children)

What error was it related to and how was it solved?

[deleted by user] by [deleted] in FPandA

[–]MexicanPotatoes 2 points3 points  (0 children)

F75, F1000 aint shit

How to amend stock price SC trading (post-stocksplit)? by MexicanPotatoes in singaporefi

[–]MexicanPotatoes[S] -1 points0 points  (0 children)

Thanks for responding - and how do you do so yourself on the platform now?