Hardly think so but if they need to choose, maybe. They don't like book smart people. Prefer mixture book smart + street smart

EY big intake always Jan and Mar for audit. Other dept ad hoc i guess

Accas states minimum 3 years. Not flat ah. If u work with gold or platinum employer and in audit. Your per process takes only few minutes. If not you have to fulfil the performance objective.

Each big4 hr should have acca liaison staff. Seek them out for advice. What you need end of the day is the head signature for your exemption. Then applying acca membership very easy ady.

On Mia. If you are acca or CPA grad apply also very easy and fast. Must be acca or CPA member ah. If not u need to take test and endorsement.

Advisory on project basis. If peak might be worse than audit. If no project, sit there read newspaper lo. Normally dept very small. Like m&a dept only 10 to 20 people. From associate to partner. Normally they work collaborative together unlike audit which is hierarchy basis.

Each big4 advisory firm differ in size. Bcos of that u rarely heard about it on mainstream place.

Deloitte is world no 1 audit firm le. But each country each big4 got different ranking.btw Arthur Andersen still around but to small lol.

One of the requirement for company is that they have commitment to help staff for the membership. Each firm should have a hr personnel to cater to all this. Aother way is to call the acca malaysia representative to speed up the process. Better to ask for the date of the acca council meeting. If you sent in application before you will get your cert fast. If not might need to wait for few months.

I believe the hr should be able to answer you.

Eligible but need to sit for internal exam unless you are already member of other professional bodies such as Micpa, CPA or acca. Then can apply for exemption. I heard need 2 endorsement letter from Mia certified if without attachment with any professional body.

Highly depends which company you join.
If you join corporate, i believe then depends on industry.
MNC with presence everywhere like hotels and O&G always seek out people from Big4. If you audited such industry might be bonus. Good exposure if you want to try out for few years maybe due to good pay and travel. Long term depends on your objective i guess. Got friend works in MNC chemical, travel out of the country almost every 2 month.

You like TOC?

audit big intake always around jan,march, sept/oct.

I agree with your last paragraph. But in real life life is always unfair. In fact life is very fair about the unfairness. Thing is they know they have plenty of graduates that apply every single year. They have almost unlimited amount of supply. Demand is constant. From economic point of view, graduates with no working experience has very limited leverage.

If you were given a choice, HR will have much much easier job by selecting best students. You can rest assured they can learn well and you just have to train them in terms of the job. Now if they fail, HR will have strong supporting reason that they are well qualified from edu pov. On the gamble to take someone with just spirit and attitude, that's a big gamble right? Some of you will argue hey hey iQ not everything right?

True EQ plays a big part as well. I have coached and lead some of the top students from local and foreign uni. Book smart will not get you far, you need street smart as well. Big4 hr is not well designed to rate your overall ability as compared to google and facebook. And their main recruitment is from fresh grad. So the hr selection was pretty direct and simple. They don't select the best. They find the best qualified and just filter out. About straight passer, I am not sure about the current practice but its not entirely true. I have worked with plenty of world prize winner, they don't get any preferential treatment also. Work carries more weight.

One more thing about smart students, big4 values one thing from them. They view this one driving attribute that will fuel their passion to work, compete and drive themselves forward. Their ego. Ego drives them to work hard, work 100 hours per week, maintain their loyalty. Big4 wont and don't need to change their strategy. Why should they?

Anyway I really like the firm. Its just the culture and work that might not suit everybody taste.

Emm, if you look at big4 each firm very different in advisory prospect. Audit is very similar but not advisory. Each advisory got ranking one among big4. The more specialised their advisory dept is the better the advisory team is.

Audit background can try the following: > 50% chance
Internal audit : quite similar
Performance improvement : bit like internal audit but more on consulting on process. Harder to enter.
M&A : doing the presentation work on investment banking
Valuation : doing the calculation work side of investment banking
Restructuring : liquidation, law and admin

< 50% chance
Corporate finance : preparation of proposal (most ban auditor)
Risk management : covers a lot of things market biz ....
Forensic : likes it staff
Management consulting related

Btw eac advisory team very small. Like m&a entire team maybe 10 plus only. So they rarely feel the need to hire.

Best way in my opinion to get in, become good friend with partner or hod. If the fella endorse plus hr consent, you can immediately make the jump. Or get your manager endorse you to the partner.

Cf likes law background.
Risk mngmt prefers business background
Forensic prefers it
Management consulting prefers foreign grad from top uni

Adv very vacancy basis and more on replacement of leaving staffs.
If no project, no work also.
If your partner or big boss likes you he will ask you to switch to advisory rather than you leave the firm. Then will range with hr to see any vacancy and will put you as first priority to interview with advisory partner. If get it, done ady.

If no vacancy at the moment / deemed you do not possess sufficient skills they will delay our transfer date (can be weeks or months). Chance is 50/50 here. Sme waited until the end but no transfer also. Some done in one month.

You can refer glass door?
Salary is mainly p&c.

Go and download the manufacturer auditor report you like from bursa and see who is the auditor lo.

Should be more tax consultant giving seminars rather than the other way around.
Normally for any company, accountant = tax.
From audit experience, a large PLC also you will see tax people is 25% lesser than accountant people.
Bcos most tax computation and tax planning engaged accounting firms.

I really couldn't agree more .
Locked physically, mentally, financially and socially right?

Big4 is nothing more than "local accounting firm with international affiliation". Closer to licensing, franchising or royalty based. You hardly see any mat salleh inside.

Why not try investment bank?
Auditor deals with finance manager but Investment banker deals with finance director or controller.
Auditor deals with statutory audit (routine) while IB deals with due diligence, research, transactions, risk, et al (its like all advisory department rolled into one).
Auditor fees charged to client is always a meagre percentage of what IB charged.

Lastly on bonus, IB bonus can even make a normal senior exec salary higher than senior manager pay in Big4.

Just some perspective .....

If you really interested in career development without a care of the world about money, follow the ranking below:
1) Audit (join the big teams, yes within audit firm also got hierarchy)
2) Investment bank (if you able to enter CF or treasury)
3) Consulting company (management consulting)
4) MNC (if you able to enter strategy role)
5) Business / Start-up (best development - highest risk as well)

This post has been edited by Topace111: Jul 30 2014, 11:10 PM

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