QUOTE(locorocco @ Apr 7 2008, 09:22 AM)
My friend is in TSRS. Where staffs are not guided and some bosses sitting around doing nothing but enjoying the view of their staffs working in misery.
Which unit you're in? Are you guided? Do you know what you're doing is really correct ? What are you comparing against? Last year's work paper? Best practices?
MY friend was telling me.. he spent his time there trying to figure out what is going on.. he learn it himself but then it's like when he moved overseas he realised that what he was doing in that department is wrong. l
His current boss sort of like tell him... Probably that's why clients get pissed at them back in KL. They don't even know what they are doing. How can they "advise" their clients.
Well, to begin with; I am also from TSRS and I am not surprised at the statements stated by your friend. I believe that at times, our staff are not guided as much as we would have liked. I believe that we are always short of staff and some times the junior staff are given a simple and straight forward training to explain what our job is and are then left to fend for themselves. Being in TSRS, I have not only heard of this but I have also seen it personally. I do not deny that certain staff who have been around slightly longer than others do not always pull their weight but I'm sure you could say the same for majority of the other companies.
I would say that I was pretty lucky when I joined because I received ample training to complete my first job and I had excellent seniors to guide me along the way while I was on a job alone. Therefore, I have tried to give my support to the newer staff in the department as I know how difficult it is to start out. I have always kept myself open to questions from the newer staff and always tried to guide them at best I could, following the example set by my seniors when I first joined.
I believe maybe your friend was not taught properly, but we always provide our recommendations as per best practice. In general, we refer to COBIT, SOX and also ISACA guidelines to provide our clients with valued recommendations. I believe that if your friend had the opportunity to participate in our specialised audits for various clients, he/she would be able to see the level of detail we check and the amount of work we put in. I can honestly say that for the specialised audits that I have participated in, the clients have been more than happy. That includes the CEOs, CFOs, CTOs and other upper management.
Well, that's just my 2 cents and of course I believe that each individual person has their own individual expectations of their employer. Even for me, I was alright with the fact that my senior did teach me some stuff before i started a job but after that it was mostly on the job training. I guess it suited me to be put in that situation where I had to be on a job on my own and learn quickly. But of course I also understand that it would be better if a new staff is guided all the way for his/her first job. Hope you understand where I'm coming from. Thanks for taking the time to explain to me.
QUOTE
Added on April 7, 2008, 9:28 amwould like to tell you something. There is a lot of difference in PWC, EY, KPMG and DKC.
The difference is in which service line you want to be involved in.
For example...
Specialisation in Ext Audit in Banking: firms to choose would be PWC and EY
Specialisation in Ext Audit in Manufacturing: firms to choose would be DTT
IT Advisory: KPMG has the largest. Their dept doubles every other Big4's (even though after the major movement to BDO)
Transaction ADvisory: PWC or BDO
TAx: EY and DTT (these 2 are currently leading in Msia)
just my 2 cents.
I think what he means is in terms of purely external audit. There really isn't much to differenciate between the Big 4. From my experience with the external auditors, they do not get a choice which industry would they be placed in. They can state their preference, but of course when they get offered the job; it isn't stated which industry they are in. They will only be informed on their first day.
Besides that, I would agree on advisory teams; there is a difference between the Big 4.
IT Advisory : The numbers for KPMG might be a bit deceiving. In terms of actual advisory, I believe PwC and EY are also up there. Each have their own specialisation.
Transaction advisory : BDO is not part of the Big 4 but their Corporate Finance team consists of mostly ex-KPMGs.
I can't really comment much on the rest.
This post has been edited by kevinleng: Apr 7 2008, 04:18 PM