QUOTE(Topace111 @ Oct 17 2011, 12:10 AM)
Got a lot of auditing skills but I think should be DEALING and ANALYSIS. You need to be good in networking and capable to talk to different people. Auditors normally interview finance managers or at best CFOs. But consultants can range from CEOs to Datuks. Analysis skills is to help back up your communication skills. Cannot simply talk crap right ?
Not a lot, but the goods ones are not easy to get into like Bain, BCG, McKinsey,.....etc. Can wiki them I guess. I heard their junior paid in USD. Its like triple compared to auditors.
Acca membership I dont think consultant will help, cos its either finance, law or business related, hardly about accounting. I think it will be at much slower rate though. I never heard a management consultant company with ACCA recognition. If you really want a good qualification, think of MBA.
Actually comes to consulting, what they really want is jack of all trades rather than speciallist. Accountant / auditor strikes me more to speciallist type. Of course its just a general stereotype as everyone will not subject to similar treatment.
Thanks for the explanation.
I understand that Big4 prefers their employees to go for 1-2 years of auditing experience before applying for their advisory arm. Wouldn't it a little waste if dealing and analysis is all that is transferable when you have put at least an additional 1 year into auditing, especially when those from elite UK schools gets straight into advisory as fresh grads?
I'm really interested in consulting, wouldn't mind putting my ACCA membership on hold if I do get into consulting, not just MBB, but even the Big4 would be suffice. I will consider an MBA after 3-5 years of working if I get into my choice of school.