KL

Starting more or less same with the big 4. But from hearsay, for senior post and above. The increment of salary will be lower. If compared with big 4.

fyi, i have a friend from BDO AM level to PWC become senior level...

Talking about tax, I have one friend working in big4 doing only personal tax, myself working in mid tier doing both corporate and individual tax. Which one is better for career growth?

Seeing this post, I had to comment. The feeling is there. Anyway, regarding SJ Grant Thornton Penang branch, I can say it's a hell there.

1) Hectic and shocking schedule. Why? There are so so much work to do, yet so little time to complete. 1-2 days one audit company.

2) They squeeze all your juices. Why? You can't finish a file, u must work overtime ON YOUR OWN. You will not be paid for OT. Their policy is OT is paid for PLCs and MNCs only. Other companies, makan sendiri la.

3) OT paid is on annual leave. This means no money for OT. Work 2 hours OT for PLCs/MNCs, get 2 hours extra leave.

4) Time off is deducted from your annual leave although many firms adopted the "1 hour time off, replace by working 1 hour extra".

5) Starting pay is around RM2k.

6) Audit timetable schedule sucks. Today, you see the timetable and know you will audit ABC Sdn Bhd. Suddenly, tomorrow when you see timetable, you'll be auditing DEF Sdn. Bhd. Very bad management

7) Bonus paid out is on every January.

8) EPF paid-out always late. Been there for 6-7 months.

9) When you resign, they apportion your annual leave. Meaning your OT annual leave also gets apportioned.

Only one advantage from the firm though
You leave as a better and more improved person

Thanks for the information

Where are you working now?

Still in audit?

This post has been edited by Blofeld: Jun 13 2013, 12:26 PM

hi,i dont have degree yet and acca havent complete 1 of the p paper yet..i apply for audit job at the small to medium firm..they offer me rm1700..is it too high?haha

location?

Means u only left 1 p paper be4 complete ACCA?
I would say rm1,700 quite low.
But depends on location though...

no,i havent start p paper yet..still got 2fpaper

subang area..small firm

Since u took ACCA, sometimes it's a pity because it isn't a degree, but it's more prestigious if u can complete it. RM1,700 is quite high if u're in Penang because you haven't complete all ur F papers yet. Audit firms in Penang including big 4 seldom take in people who don't have a degree and is doin ACCA full time, but still in F papers. Once u complete all ur F papers, then there's the difference.

Depends on your knowledge during interviews..

1) Small firms.. if you know tax and deferred tax. they will likely offer you higher as they can save time on training..

2) Mid Firms.. Deferred tax and your Accounting standards well

3) Big 4.. Audit Standards and accounting standards well...

if KL.. 1700 is VERY LOW. generrally can get 2.2k above

haha..okok..i tot i dun have qualification yet,rm1.7k is considered high ady...but nevermind,i get some experiences 1st

Hi, i wonder how much can a degree holder majoring in Acc and finance ask for in a mid-tier audit firm?

Unofficial graduate, since end of july only results will be out.

I would say i considered myself the first class honors category, speaks decent English, had some temporary accounts-related working experience in the past, even had my internship in KPMG but its not audit tho. if back to SPM, also got decent results.

asking this cause non of the big 3 responded to my application, maybe cause i m still an unofficial graduate so i might consider working in a mid-tier for 1 year then jump ship to big 4.

higher tier medium firm in KL can offer you 2.7~2.8k

Hi, I am think which accounting firm is better in terms of working environment, sponsorship on study and salary for fresh graduate?
Cheng & Co or BDO in KL?

Anyone knows their hiring process?

Is it worth to earn less in medium size accounting firm than Big 4 when I think of their differences in salary. Any advice?

Thanks

Hi thanks for the respond. Do you have any idea other than BDO, any mid-tier firms willing to go up to 2.7-2.8 for freshie?

SJGT and probably Crowe Horwath.

well upper tier medium firm salary for fresh grad is justs about RM100 lower than big4 and a couple of them already match the salary of big4 if not exceed it.

Each firms has its own challenges.. in terms of workload, team chemistry, office politics(inter dept) and culture.

If you have passions towards audit, in any firms you can also excel due to determination and self improvement on the current development of standards. Small firms you may find that after 1 year everything become routine, mid tier 3-5 years (depend on client base), big firms longer but they are highly specialize teams(and you may not like the one you are allocated into)

If you are there to get qualified and skipped to commerical later on, there are many commerical where you can qualified easily as well. Namely banks and investment banks or the bIg glcs SimeDarby,etc (they pay good for starting pay). This will better suit you to prepare yourself for the corporate world later on.

Suitability comes down to fate in whatever you choose, some may offer high $$.. but once you step in, your team leader may not like you, you may accidentally anger other dept and the culture doesnt suit you, in the end you may leave in less than 3 months..

So in the end is comes down to pure luck

$$ into a firm is just a starting guide.. if you excel, you may get 5%-10% increment just on confirmation. and there on promotion at every 6months of appraisal..
The sky is the limit, is how high you want to reach.(p/s: some are bloody stingy firms.. You will only know how stingy is a firm with insider info or when you start working at the place.)