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 Big 4 Recruitment Drive_v2, All things Big 4 + others

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darrenboy
post Nov 7 2013, 05:50 PM

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QUOTE(rocketm @ Nov 7 2013, 03:25 PM)
Anyone knows it?
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As far as I know, Tax has very good prospects, with GST coming on-board soon. I know at least one of the Big 4 is hiring people to form the GST team and hoping to form another team for Transfer Pricing. But the positions are not advertised yet. All these augur well for people who are interested to make tax their career. But be prepared to work hard. You can regard it as a stepping stone for your future success. People with Big 4 experience are more noticeable than others when job hunting, although it does not guarantee you will get hired immediately by any company. Anyone interested to join Tax team in Big 4? biggrin.gif

This post has been edited by darrenboy: Nov 7 2013, 05:51 PM
darrenboy
post Nov 7 2013, 06:48 PM

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QUOTE(rocketm @ Nov 7 2013, 05:57 PM)
What will the fresh graduate doing in Big 4's tax department? Is the starting salary will be lower than audit associate? What are the professional courses available for tax people?
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I am not sure about frsh grad salary between tax and audit but I suspect it is about the same. Professional courses only for tax can be found in the CTIM website. Check it out. But as long as you are a qualified accountant or working towards one (i.e. eventually being member of MIA), there is no need to take any specialised tax courses.


darrenboy
post Nov 7 2013, 11:47 PM

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QUOTE(rocketm @ Nov 7 2013, 08:34 PM)
Become a MIA member taking ACCA, CPA, MICPA and so on?
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Of course! What degree or professional qual do you have? I am surprised by your response. If you are keen to join accounting firm in tax or audit, you are usually studying accountancy degree or professional qual, or on the way towards getting one.
darrenboy
post Nov 8 2013, 10:18 PM

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QUOTE(rocketm @ Nov 7 2013, 11:54 PM)
Sorry for saying that, coz Acca, CPA,... is popular to be taken by people who work in audit field.
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My advice is it is better to take the more general accountancy degree or qualification, rather than tax courses only. The reason is if you have knowledge of other accounting areas, you can still apply for other types of work besides tax. If you have only tax qualification, later you cannot go to other areas of accountancy. People will not hire you because you lack qualification. If you have a general accountancy qual, you can do tax jobs. But a person with only tax qual, cannot do other types of accounting jobs.

You must think carefully!
darrenboy
post Nov 13 2013, 11:40 PM

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QUOTE(CYKTS @ Nov 11 2013, 11:18 AM)
I'm currently working in a small audit/accounting firm. It's already 1 year since I started working here on Nov'12. I have just completed the remaining papers of ACCA on last June sitting. I'm planning to switch to big4. I'm actually interested in all audit, tax or advisory. Any advice for me? Previously, I thought to work in bank as finance-related jobs but heard its quite to get in there as low turnover there. I don't mind they treat me like freshie. abit nervous which firm should I apply.
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yes, you can try apply Big 4.
darrenboy
post Nov 14 2013, 07:14 PM

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QUOTE(FantasyReds @ Nov 14 2013, 03:05 PM)
I have received offers from ey and pwc for the positions of ITRA and SPA respectively. As I'm pondering which job I should be taking, it would be great to hear from anyone of you who has experience working in either or both of these fields in terms of the career path/prospect, department structure, training, working culture etc.

Thanks!
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what is ITRA and SPA?
darrenboy
post Nov 14 2013, 10:08 PM

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QUOTE(ryan18 @ Nov 14 2013, 08:22 PM)
just curious about something

would a staff of client firm who is interested in auditing view prior year audit working papers and learn something out of it?
i assume that the audit rules&regulation disallows it.and i dont think these working papers are even kept in the client's office (kept in auditors office)
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clients are not suppose to view auditor's working papers.
darrenboy
post Nov 15 2013, 10:26 PM

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QUOTE(L_nette @ Nov 15 2013, 05:11 PM)
Hello everyone!

Ive just gotten an interview invitation for KPMG (audit associate position) for the end of this month but their interview process is very different from other firms lol. Does anyone have more information on the 'group presentation' part and what it will be like? This worries me the most :/ Thanks!
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try "kpmg interview" in Youtube.
darrenboy
post Nov 18 2013, 11:46 AM

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QUOTE(noonies_naruto @ Nov 17 2013, 11:48 PM)
Thanks for reply.

I wonder if that would be a good choice. Like, what would be the expectation of me?

How different would the environment of advisory be than assurance?

Don't wanna end up in some blazing shit after getting out of the frying pan tongue.gif
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Do a SWOT analysis for both depts.
darrenboy
post Nov 20 2013, 02:31 PM

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If you have just joined the Big 4 firms, do they allow new staff to take annual leave within the first year of joining, or in first year nothing and only 2nd year can take (i.e. it means first year have to apply unpaid leave if have to be away from office).

Or, does big 4 firms allow you to take annual leave but you accumulate it as the year goes along?

This post has been edited by darrenboy: Nov 20 2013, 02:32 PM
darrenboy
post Nov 20 2013, 09:37 PM

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QUOTE(garenmusta @ Nov 20 2013, 09:13 PM)
Yeah, you have 14 days annual leaves to take. No accumulation though, you have to utilize it before year end, especially before stock take period which is 30 Dec - 1st Jan wink.gif
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thank you! By "accumulation" I don't mean carry forward to next year... I meant the leaves slowly accrues to you. Say 14 days divide by 12, so every month about 1.16 days of leave adds to your account and you can only take so much that is earned. Is that how it works?

This post has been edited by darrenboy: Nov 20 2013, 09:38 PM
darrenboy
post Nov 21 2013, 05:36 PM

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QUOTE(pherac @ Nov 21 2013, 10:20 AM)
You are entitled to annual leave even in your first year.. How many days of annual leave you get depends on when you join the firm..
I joined in mid september... so I got like 4.5 days of AL... it's pro rated..

Big 4 are quite generous when it comes to benefits especially when compared if all the other firms.

Do have to take note though that.. having annual leave doesn't mean your annual leave will be approved for sure.. it really depends on the timing of your annual leave
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Thanks for reply. Your firm year-end must be december, that's why you got 4.5 days AL only, right?

QUOTE(ming4play @ Nov 20 2013, 01:59 PM)
Not quite but I am very concern in regards to the future as SPA.
Couldn't find out much about them besides from pwc website and CH's
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System and Processes Assurance is something like internal audit, I think.

This post has been edited by darrenboy: Nov 21 2013, 05:39 PM
darrenboy
post Nov 21 2013, 09:25 PM

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QUOTE(garenmusta @ Nov 21 2013, 09:06 PM)
I think a reasonable guess would suggest that if such system exist, it would be hard for the firm to keep track with every staff's actual leaves for the year. I doesn't work that way. For myself, I joined early in the year and hence I got 14 days from the start smile.gif
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I know many companies that works that way. In the start of the year, every staff gets zero leave except for the carry forward and in the middle of the year, everyone gets half of their AL entitlement and by year end, you get all. In other words, you slowly earn your AL throughout the year.
darrenboy
post Nov 22 2013, 11:51 AM

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QUOTE(tzxsean @ Nov 21 2013, 11:16 PM)
sweat.gif

there are no such term "holiday" for auditor  brows.gif

all the best in coming year(s)! icon_rolleyes.gif
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During non-peak season, can still take one week off for holiday, right?
darrenboy
post Nov 23 2013, 04:02 PM

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QUOTE(SolId SnaKe @ Nov 23 2013, 02:22 PM)
Quit earlier this year.. Now having an interview in kpmg next week... Jz went to pwc spore for interview yest... Hope I can get the spore one instead
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In Sgp, the stress is even higher and the ppl there I heard more demanding than Msia. Are you ready for it?



This post has been edited by darrenboy: Nov 23 2013, 04:03 PM
darrenboy
post Nov 24 2013, 05:24 PM

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wonbin,

my advice is not to worry so much about the small difference in salary. Since you start first, you have a headstart to prove to your supervisors of your real worth. Work hard and soon you may find that your salary and promotion goes higher than your friend. Good luck!
darrenboy
post Nov 25 2013, 11:30 AM

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QUOTE(wonbin90 @ Nov 24 2013, 11:46 AM)
Hey guys. I recently got a job offer from EY (Ernst & Young), and I accepted it. The quoted salary is RM2700 + RM250 FlexiAllowance. The position is Associate - Performance Improvement under Advisory. The intake is in Jan 2014.

However, I have got another friend who got offered exactly the same position as mine, but starting Mar 2014 (one batch later). Both of us graduated from the same university (in Australia). But my friend's quoted salary is RM3000 + RM250 FlexiAllowance, exactly RM300 higher than mine.

May someone explain why the salary difference? I just wanna clear my doubts as I accepted the offer, I can no longer counter-offer or ask for a higher salary right?

And the weird thing is, I graduated in Aug 2013, got First Class honours as my average, while my friend got the offer while she is still completing her degree, and the result is not finalised yet.

ohmy.gif  ohmy.gif  ohmy.gif
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By the way, what is FlexiAllowance? Does everybody get it?
darrenboy
post Nov 25 2013, 01:41 PM

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QUOTE(wonbin90 @ Nov 25 2013, 11:36 AM)
Sorry I just checked again it is FlexiCare Allowance. Yes it is automatically given to all employees at EY (Ernst & Young).
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Ok, but what is Flexicare Allowance? What is it given for? Something like incentive because you have to work beyond your official hours? Or is it some kind of meal allowance?

This post has been edited by darrenboy: Nov 25 2013, 01:42 PM
darrenboy
post Nov 26 2013, 08:01 AM

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QUOTE(pherac @ Nov 25 2013, 05:11 PM)
it's a general allowance...
PwC have specific allowance for specific categories..
EY just introduced a general one lol
mileage and parking can claim lah if go to client's site
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what about kpmg and deloitte? They don't give similar allowance?
darrenboy
post Nov 27 2013, 02:56 PM

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QUOTE(SolId SnaKe @ Nov 27 2013, 11:29 AM)
guys, I have an interview with KPMG tmr... it stated assessment, group presentation and then interview..

any idea what the assessment will be? and how bout the group presentation also..

btw ppl, I got confirmation to go PWC spore already.. received a call yest...but now that I got it, I got a lil freak out thou.. I mean suddenly goin spore and work all on my own..yea, didn't know im a sissy guy myself too...

so yea, jz gonna do my best in KPMG msia tmr and see and then ill decide..

thanks, and pls do give me some rough idea on the KPMG assessment and group presentation yea..
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For goodness sake, just go to Sgp. You got it already, some more want to go to kpmg? the interview will be more or less the same as pwc.

But if you cannot make up your mind, you can check a few divination methods, including:-

- go to a Kuan Yin temple and use the "sticks", or the "two wooden halves" to make an oracle for you
- try I Ching to check your fortune of going to Sgp. There are online versions too.
- have someone read your life fortune, i.e. check your Four Pillars of destiny (Bazi)

Use these divination methods and compare it with a detailed SWOT analysis to make a decision to got ot Sgp or not. Good luck.

Just a few suggestions.

This post has been edited by darrenboy: Nov 27 2013, 02:58 PM

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