for internship, I recommend smaller firms
much better learning curve in smaller firms.

Wow, you people talk like big 4 is actually something you wanna get into.... seriously?

Measure of a person is not in how much he makes, but how he much he weighs.

i believe technology consulting is something covered by accenture etc...

hahaha, has anyone read this lately? I Find it so bloody funny ( despite being horribly accurate) ><


LINK

This post has been edited by ThanatosSwiftfire: Mar 17 2009, 09:43 AM

welcome to pwc, asamyew. hope you enjoy it, muahahahahah *evil laugh*

I just got home... so, yeah, this is the kind of hours u kinda need to prepare for..

garfie u nothing better to do after exam isit

relax, chill yo. U'll be seeing these peoepl everyday, don't be scared of them yo.

RM2.4 still stays? I thought with the crisis, it went down already lol

Haven't met any new joiners to tell me about their pay hahaha.. ><

Technical knowledge can be taught. English language on the other hand, takes much more time to master.

Besides, for technical knowledge, we always refer upwards, and what you do in work is different from what you learn.

English on the other hand, is you. It shows on you, and the firm. Naturally, they like people who can communicate well, both in paper and in speech. If you don't work on it, don't be too surprised if people keep declining to offer you a job.

3 pages is normal. As long as it's clear, concise, free of grammar and spelling mistakes, it'll do just fine.

Fact 1.
Audit firms CANNOT stop hiring. The moment they stop, there will be a gap in the review hierarchy, and that is bad for the firm.

Fact 2.
Good or bad times, people leave audit. Why? It's just too.. shall I say it, inhuman.

Fact 3.
Bad times means more people stay, as they can't find alternative work. Also, bad times means budget and cash runs lower.That will mean HR have to hire less. However, due to Fact 1 and Fact 2, they still have to hire. (for continuity and succession planning)

Fact 4.
In bad times, audit is the only consistent firm that still hires. THerefore, it may seem like the audit firms h ave stopped hiring, but what in fact actually happens, is that,
i) More applicants (as a result of the growing popularity of audit as a career to young, clueless and hopeful accounting students)
ii) Retrenched staff trying out audit
iii) Previously resigned auditors going back to it because they can't find other jobs since resigning.

As a result of Facts 1-2, they will still hire.
But as a result of Facts 3 and 4, recruitment criteria is much more stringent.

Thus, to the common, average performing student, it would seem as if hiring have ceased.

okay, let's say 2009 they stopped hiring associates.

This is a normal engagement's review structure :
Partner -> Manager/SM -> Senior (2-4 exp) -> Associate (0-1 year exp)

Say if it so happens like above, 2009 they stopped taking in associates altogether, what happens is, 2 years downt he road

In 2011, Since associates on average takes 2 years to move up to senior, and they didn't bring in any associates in 2009, thus they won't have any internally promoted seniors.

When that happens, a lot of the newer associates that they brought in 2011 will be going on smaller assignmnets with no guidance. Managers, will be swamped, since they have to try to coach the associatse by the phone (which is not as effective as face to face) and utlimately we'll have a horrible mess as everything is done wrong.

Most seniors leave once they hit the 3 year mark, (due to ACCA, CPA etc), and even mroe leave by 4 years, so whoever that stays won't be able to handle that many jobs and associates at the same time.

They need to bring in associates every year to keep the senior : associate ratio at an appropriate one, otherwise..

-

Walau superstar associate being so humble. QFT

Actually, it's ANY ACCA graduate will get a higher starting salary.
Reason : Big 4 usually finances the studies of it's new joiners (aka degree grads to take up either CPA, ACCA, MICPA, ICAEW, ICAA etc), and in doing so, also grant these degree holders STUDY LEAVE.

Graduates WITH ACCA =

a)No study costs for the firm.
b)No study leave (about 2-3 months a year, when you include the unpaid leaves, and also ICAEW students), therefore they can slave themselves for the firm during the peak period when everyone else vanishes into studyland..

Conclusion. Slightly higher salary, BUT hugely more work. Good luck guys

This post has been edited by ThanatosSwiftfire: Jul 6 2009, 11:08 AM

What you heard, sadly, is not true.

On ur gap and depth of understanding, actually, no. When it comes to real work, we're the same as degree ppl.

Compliance = tax computation.
Consultancy = generally tax planning

However, at the associate level, you'll still be doing the same things.

fixed.