Sorry to burst your bubble, no. ACCA graduate isn't ranked higher than a normal grad. It's simple as 'firm doesn't have to pay for ur professional qualification, and u're not bonded to the firm, therefore we can afford to pay u more. It's a set off thing'

And my source, btw, is quite credible. (aka HR)

audit associates, for Big 4 with degree, u'll get 2450 (on my last knowledge, if it's revised recently, it's probably slight slightly slightly higher)

---

to prancingHorse, if you can get into BDO advisory, I think it would be better than going into grant thorton consulting. BDO's advisory (is actually led by an ex-KPMG (which supposedly is also very good), and is supposedly one of the better ones around) (This is in M'sia only. Overseas.. I'm not too sure)

However, I'm not sure how relevant that experience is to management consulting. I do feel that some experience in advisory though should help.

Above is only my opinion btw.

This post has been edited by ThanatosSwiftfire: Oct 23 2008, 08:18 PM

the acca marks, yes. I've been asked to show them a few times, to both my prospective employers.

assessment is what a friend of mine called kacang putih, unless ur english is terrible, and ur elementary mathematics atrocious. (plus an inability to read very very simple pie charts)

in short, nerd look is appropriate ;D

hahahah, hey, all it takes is 2 months for me to realize that actually, dressing is not important ><

peter_pj, hahahahaha, more sampling ahhh~

FRS111, hahahaha, good luck to anyone who ends up doing PDE. (ie, me)

Enjoy your stay at internship at pwc. Hopefully it's a brief one ;p

Yes.

to all auditors who's facing the peak period, good luck. for me.. peak's here... but the superpeak isn't here yet. TT________________TT

my first peak.. dunno can last or not. lol

nope. increment is yearly, and usually after your first progression (AA2-AA1, for instance)

if u're here for internship, i recommend... u not joining big 4.

All you do is vouch and cast

okay. in shrot, interns in big 4 are treated like errand boys, we ask them to cast, vouch, deliver stuff to client, photostat, scan pics and so on. So actually, interning is free labor

Erm.. actually. Materiality is actually more on tolerance. An overall materiality is established which to the auditor, is said to the maximum amount of tolerable error which the auditor is willing to accept, and still sign off the accounts as true and fair.

Against, there is also qualitative and quantitative materiality. Quantitative is usually affecting P & L, and to us auditors, the 'overall materiality' is how much we are willing to let the P & L move.

In short, the statutory accounts may report RM20,000,000 profit. But if your materiality is set at 1,000,000, then you are willing to accept that the a 100% perfect accounts is somewhere between RM19m-Rm21m. (+/-)

Qualititative is usually internal control errors, resulting in 'issue' or 'discussion points' for consultation with higher management. It's more on issues of where the client doesn't follow standard operative procedure, or controls simply not working. Generally, whilst it's an issue to discuss for further improvement, to us auditors, it merely means no reliance on control and instead adopt substantive testing (aka lots and lots of vouching)

Materiality generally has nothing to do with fees. Risk is what generally moves with fees. Although admittedly, a higher risk client will have lower materiality, thus more work (and generally more fees)

However, just because materiality is low is no reason to put high amounts of fees.

hahaha, sorry about that.. no offense i hope

usually it gets more personal on the 2nd interview. They ask about whether you're willign to commit etc, and usually it's conducted by a more senior person. 1st interview is a screen, to say in simple terms.

KPMG, EY, Deloitte and PwC is standardized.

Degree gets RM2450, (subject to differences due to allowances.. usually RM10-RM20)
and full ACCA + Degree gets Rm2600 again subject to the same provisions lol.

Don't expect too much.

I answered for my EY interview for that question,

'I believe it's very difficult to make long term plans, especially 5 years in the future since the world seems to keep changing. I think it is more important to make a good decision now, and keep making good decisions about my career and path. Where I end up in 5 years, if I keep making good decisions, shouldn't and won't be something I'm concerned about.

HAhahahah, like smaller firms aren't doing the same.