just need sum advice or any opinions on this.... thanx
Audit or Account, in need of opinions....
Audit or Account, in need of opinions....
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Apr 27 2006, 02:11 PM, updated 20y ago
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#1
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
which shud be a good career path? i am a graduate of accounting... n had previously did my practical in an audit firms... i find dat working in audit firm gives u wider xposure as compared to accounts...however, in accounts u'll get better salary than audit....
just need sum advice or any opinions on this.... thanx |
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Apr 28 2006, 03:36 PM
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#2
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(ts1 @ Apr 28 2006, 12:04 PM) 3yrs in big 4...is better than 5yrs in commercial..when u r auditors, ur knowledge much much better than those in commercial... slave for 3 years in Big 4....i am willing....if i do get to be apart of the Big 4...it will be a chance of a lifetime....i do noe dat u will have to be working long hours n all, but....as long as ur willing to do it..y not rite? the only shortfall...u goin be slave for 3yrs..can u take it This post has been edited by aida^146: Apr 28 2006, 03:37 PM |
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Apr 28 2006, 03:49 PM
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#3
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
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Apr 29 2006, 12:18 AM
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#4
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
hm...i can imagine wat u meant....i had a friend who works in KPMG johor...he said work is tough n u do have to work long hours....he even had to work in saturday till late evening... but i guess, that's the life u have to lead if u wanna work in Big 4's...have to be prepared for this kinds of things... yup, double the work...however, if being compared to a medium audit firms, the salary in the Big 4 is worthy of the work done.... do u agree? |
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Apr 29 2006, 12:32 AM
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#5
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(kyan audit n accounts got differents...hm,basically, as an accountant, u need to prepare the financial statements of the company...the balance sheet n all.....as for auditors, they will see whether the accounts being prepared by the accountants are true n fair...if yes, they will come out with a statement saying dat this financial statement gives a true n fair view.... i hope u could understand wat i'm trying to say... salary in the big 4, according to one of my frens who is working in KPMG is RM2000 - RM2300...by the way, he is a fresh grad. |
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Apr 29 2006, 01:18 AM
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#6
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(hikari @ Apr 29 2006, 12:44 AM) yup big 4 salary for fresh grad is above 2k, except deloitte.. i think slightly below? .. need someone to confirm this.. pls also look at the experience u'll gain instead of the pay u will get.. hehehhe.....maybe...the workload is really a lot!!!! i know...but the hand-on experience is also good....for ur future career.... with the workload, the pay is not justifiable.. u'll feel that u r underpaid.. hehehe |
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May 1 2006, 01:47 AM
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#7
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(hikari @ Apr 30 2006, 04:49 PM) ![]() read the pull factor.. 3rd last point.. it reads.. >A completely new work culture in the UK auditing profession compared with Malaysia where teams are understaffed and overworked. hope u'll see what i mean about auditing.. haha |
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May 1 2006, 06:40 PM
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#8
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(yeahh @ May 1 2006, 03:56 AM) try internal audit ... interesting......hm, could u briefly tell me the function as an internal audit...i noe that it involves mostly with management especially risk management.....i am interested to know wat else does an internal audit do... i personally havent tried external yet ... but internal audit to me seems quite fun |
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May 4 2006, 10:00 AM
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#9
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
yesterday, got an interview in an audit firm..wow, it was tough...it was a two session interview...the 1st session requires u to do a presentation on my life time, in drawings...heheheh...now i noe, dat my drawings sucks....then the next session is the one-on-one interview....
didnt noe whether that went well....lets just see whether it will turn out ok.... |
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May 5 2006, 11:45 AM
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#10
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
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May 5 2006, 12:55 PM
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#11
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
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May 5 2006, 05:14 PM
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#12
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(jeff_lee @ May 5 2006, 04:33 PM) PWC, Delloitte, KPMG n EY... among this 4..which is is the biggest? and better? if i'm not mistaken, among the Big 4, the 1st position goes to PWC....however, i might be wrong....which one offer more higher salary for fresh grad? pls give info..for those had experinced it |
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May 5 2006, 05:23 PM
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#13
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
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May 7 2006, 11:42 PM
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#14
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(cktwai @ May 7 2006, 04:05 PM) I think you all better check your facts... I'm currently working in a Big4.... and this is the REAL deal... wow....dat is some facts there....didnt noe dat they differ in other countries....i tot they're all the same ranking.....In UK ... Largest "Big4" is actually KPMG.... followed by Deloittes and the PWC and lastly EY. The difference between Deloittes and PWC in UK is not much difference but in UK KPMG is largest in terms of revenue.... EY is definitely the smallest amongst the "Big4" as their revenue just only breach the 1 Billion pounds mark this year. The other "Big4" has breached it years ago. In Malaysia... the largest "Big4" is not really known. Depending on how you want to look at it ... the largest will be either PWC and EY. Why I say depending on how you want to look at it is that Big4 Services consists of mainly Financial Audit, Tax, Transaction Advisory and Business/IT Advisory services. In terms of revenue both PWC and EY are almost on par. A few years ago when there is still an "Andersen" PWC will be largest but EY sort of like merged with Andersen and increased their employees by a lot. If you count total number of employees EY, is the largest in Malaysia as a result EY's TAX, Transaction Advisory and the other services has more employees than PWC. So here's my two cents worth. thanx 4 correcting my facts guys.... will be starting work tomorrow.....quite nervous actually |
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May 9 2006, 11:47 PM
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#15
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
wah....with only 2 days, i can already feel the pressure.....hehehehe.....very tiring.....sumore have to travel to kl early in the morning....however, its worth it....really beginning to learn sumthing....
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May 10 2006, 11:04 PM
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#16
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
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May 11 2006, 11:55 PM
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#17
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(ts1 @ May 11 2006, 11:13 AM) wah...u envy us is it? for the time being, i only online now during the nite only....couldnt afford to go online during the day....sumore my time on the net is only 30min...hehehehe.... this is because, i'm getting sleepy already to stay up so late......its hard work in audit world.....but try see it as adventure...... |
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May 12 2006, 04:26 PM
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#18
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
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May 17 2006, 10:03 PM
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#19
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
hey gang....now i'm wondering....is there any tax people here?
1.how's the work load.....? 2.is it true dat tax people get promoted much2 faster compared to audit or account people...? 3.wat is the common starting pay for fresh graduates in tax...? 4.most of u guyz still using manual or e-filing already...?? hehehehe....tax is sooooo complicated |
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May 18 2006, 05:47 PM
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#20
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208 posts Joined: Feb 2006 From: Seremban/Kelana Jaya/Kuala Lumpur |
QUOTE(yiivei @ May 17 2006, 10:20 PM) i personally tink tax is very "sayur" 1 lar. depend on how u perform. dun memorize all those stupid sections. we just need to understand it and not memorizing it. we aint taking management le!! when u say 'sayur', u meant its easy, is it?? hehehhe.....maybe for those who practices tax everyday then its easy for them...im not sure about tax salary but im very sure that there are only 1 or 2 staffs(specializing in tax) tat manage tax on audit/accounting firm. whereby, there will be a few on big co. like MNC. 1.how's the work load.....? depending ur the place u work. if more clients then more work lor!! 2.is it true dat tax people get promoted much2 faster compared to audit or account people...? hehe~ if audit/accounting firm, u r the king/queen there. as i have stated earlier that there will be maximum of 2 staffs handling tax only. 3.wat is the common starting pay for fresh graduates in tax...? FG sure start wit low paid lar. but if u really specializing in tax together with ur master in taxation, then i can assure u, u will be paid at least RM 5 in big corporation. 4.most of u guyz still using manual or e-filing already...?? im not very sure, but i tink every audit/accounting firm need to use e-filling next year? only if im not mistaken. from what i know, the audit firm that i works already using e-filling. however, for me in audit, sumtimes we have to make our estimated tax 1st rite??? hm, dat part always tortures me....heheheheh.....especially rite now when i'm new, i need to understand it in a short time.....quite tough..... |
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