RSM Chio Lim Auditor Reviews | Glassdoor.co.in

RSM Chio Lim Auditor Reviews

Updated 2 Mar 2020

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1.9
20%
Recommend to a Friend
11%
Approve of CEO
RSM Chio Lim Founding Partner and CEO Chio Kian Huat
Chio Kian Huat
6 Ratings
  1. Helpful (2)

    "Peak or Very Peak"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Audit Senior in Singapore
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at RSM Chio Lim full-time for more than a year

    Pros

    SME clients with low revenue. Small engagements so junior auditors can solo and learn on-the-job. Extensive training programmes conducted during less-peak season.

    Cons

    2-year employment bond + 3-year laptop bond. Firm has almost 80% Malaysians. Some even with weak command in English. Emails have glaring grammatical errors, pronunciations are off - how to communicate professionally with clients like that? Want to hire and make use of foreign talent, but cuts salary. Compared to local employees, foreign employees have lower pay. Some also get down rank compared to the one held previously in Malaysia.

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    RSM Chio Lim2020-02-06
  2. Helpful (3)

    "do not sign the bond because you are not going to get anything out of it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Auditor in Singapore
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at RSM Chio Lim full-time for more than a year

    Pros

    You are on a bond, they can’t fire you unless you do something way out of hand

    Cons

    You are working in a Malaysian company. Company hires too many Malaysians that it infused with their culture and morals here. Audit department has roughly 85% Malaysians. (Maybe more) Singaporeans consists of the fresh graduates and interns. When signing the two year bond, you are promised a lot of things from the company but you do not get any of that the moment you start work. Company definition of training/teaching you, investing in their staff, is to pile you with work and telling you to refer to how the previous auditor completed the engagement. If you are not chinese, or do speak mandarin you would find a hard to time fitting in or learning, as majority of staffs are Malaysian Chinese as they would rather only converse in mandarin. Other than the 2 year working bond, there is still a 3 year laptop bond. So if you leave within 2 years, you have to pay off the final year of the laptop bond. For sponsorship of your professional papers, sign another 1 year bond. Company is way understaffed for the amount of work it takes in, so other than having to work till 2am in the morning. You have to burn at least 16 hours of your weekends to complete your work. This happens throughout the year. Benefits are non-existent. You are only allowed to cab home from the client place after 9:30pm and the entire engagement team has to share one cab. That’s the only journey you are allowed to claim from the company. To go to the client’s location, you have to take public transported (fully funded by yourself) to the nearest MRT station.

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    RSM Chio Lim2020-03-03
  3. Helpful (1)

    "Negative experience. Bad management. Low salary. Heavy workload."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Audit Associate 
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at RSM Chio Lim full-time for more than a year

    Pros

    Easy to get in with a local uni cert? For my batch who went for interview 90%+ get

    Cons

    - Management unable to provide proper guidance to staff - Negligence of manager in reviewing files lead to blaming to staff - pay way low below market - no clear cut of job scope and responsibilities. Expect to take over your senior job after their sudden resign or accept jobs exceed your capacity when the peak period comes - 2 years bond (exchange for nothing)

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    RSM Chio Lim2020-02-27
  4. "Nice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Audit Manager in Singapore
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at RSM Chio Lim full-time for more than a year

    Pros

    SME behaviour, fast pace, Easy entry, No frill

    Cons

    Will never get to Big 4

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    RSM Chio Lim2020-01-15
  5. Helpful (1)

    "Neutral"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Audit Senior Associate in Singapore
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at RSM Chio Lim full-time for more than 3 years

    Pros

    Fast pace working environment, strong team bonding, fast learning development and experience gaining

    Cons

    2 years contract with bond 3 years contract for computer

    RSM Chio Lim2019-12-20
  6. Helpful (5)

    "DO NOT SIGN THE 2YR BOND"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Auditor in Singapore
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at RSM Chio Lim full-time for less than a year

    Pros

    1. Friendly colleagues at non-management level who are willing to help (if they can find the time) 2. Opportunities to take on more workload, because the company understaffed (do not expect to be paid more or have a chance at promotion) 3. Foreigners are welcome to join (audit has 80% Malaysians and 20% others)

    Cons

    1. Company is terribly understaffed, during non-peak period staffs still have to work 7days a week from 9-10PM, just to keep up with the normal workload. 2. Company places too much importance on training sessions. At the end of the day, if your staff cannot get their work done, it affects the revenue of the company. Who will pay all the trainers, how will the staff/management/partners get their money. You cannot expect your staff to go for a few days worth of training, which takes up the time that could be used to do work, and become experts on the after the few days of trainings. 3. Benefits and remuneration is non-existent. Sure, you get the normal days of leave, but that is it. Thinking of getting the company to sponsor your professional papers? Sure, sign another 1 year bond. 4. If you have a job that requires you to travel to the clients place, you have to travel to the nearest MRT station and then take a cab to the clients place. (So unlucky you if your client is at Tuas link) If you’re heading back from the clients place, you have to take a cab to the nearest MRT station to the client and then make your way Back home. If you have to OT till the wee hours of the morning, the entire team on the engagement has to share one cab ride, so it sucks being the person who stays the furthest from the client. 5. Do not use this place as a steeping stone to get into the big 4, it is not worth it to compromise your physical and mental health. Better learning and growth opportunities would be presented to you in smaller firms. Even if you are lucky enough to enter the big 4 after serving your 2 year bond, you would have to drop title. 6. From an audit staff POV, trainings are a waste of time. Everyone goes there to catch up on their sleep or bring their laptops down to do work.

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    RSM Chio Lim2019-12-09
  7. "Positive Experience as an Intern"

    StarStarStarStarStar
    Current Intern - Assurance Intern 

    I have been working at RSM Chio Lim for less than a year

    Pros

    Managers and very patient and helpful.

    Cons

    Long hours during busy season.

    RSM Chio Lim2019-08-21
  8. "Audit Intern at RSM"

    StarStarStarStarStar
    Former Intern - Audit Intern in Singapore
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at RSM Chio Lim for less than a year

    Pros

    I had a lot of opportunities at RSM as an intern, was there during May - Aug period. Was out on fieldwork quite often and had good seniors, managers in the team. Had an individual desk and didn't need to OT as intern.

    Cons

    Workload and culture is heavily dependant on which team you get allocated.

    RSM Chio Lim2019-05-17
  9. Helpful (2)

    "No comments"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Audit Senior in Singapore
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at RSM Chio Lim full-time for more than 3 years

    Pros

    Friendly people and colleges. Seniors are helpful.

    Cons

    Poor compensations and company benefits.

    RSM Chio Lim2019-05-09
  10. "Audit Senior"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Audit Senior 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at RSM Chio Lim full-time for more than 3 years

    Pros

    good colleagues, n/a, n/a, n/a

    Cons

    Long working hours, forever peak period

    RSM Chio Lim2019-03-04
Found 27 reviews