I was told the reason that acca grads get more is because the firm doesn't have to finance their studies, and they don't get study leave.
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Oct 13 2008, 09:05 PM
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Senior Member
2,787 posts Joined: Jan 2003 |
I was told the reason that acca grads get more is because the firm doesn't have to finance their studies, and they don't get study leave.
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Oct 13 2008, 09:44 PM
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30 posts Joined: Sep 2007 |
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Oct 13 2008, 10:30 PM
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371 posts Joined: Jul 2007 |
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Oct 13 2008, 10:42 PM
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2,787 posts Joined: Jan 2003 |
yeah.. we're the lower ranked slaves
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Oct 14 2008, 04:45 PM
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Junior Member
110 posts Joined: Aug 2008 From: Damansara, Kuala Lumpur |
What's this?!!
Why are you posting on LYN?!! You very free-ah!! Back to work *whip-whip-whip* Sigh, thank goodness my boss Facebooks and what not, so I can get away with it |
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Oct 14 2008, 07:31 PM
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2,787 posts Joined: Jan 2003 |
Hahahaha, dude, it's at night already. not yet peak la ><
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Oct 15 2008, 04:00 PM
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Junior Member
110 posts Joined: Aug 2008 From: Damansara, Kuala Lumpur |
You don't work at night?!!!
Which Big4 are you from? |
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Oct 15 2008, 04:50 PM
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251 posts Joined: Feb 2005 |
QUOTE(peter_pj @ Oct 13 2008, 09:45 AM) Hi Michi, how is EY treating you....hmmm, there were 3 new joiners and 1 was my friend...so only left 2 of you for me to guess from... Hye PeterRM2600-2700 is for PwC. I assumed that EY should have matched this as well. But yes, that was the offer for a ACCA graduate. I didn't know there was a difference for degree holders. Strange though since both the fresh acca grad and the degree holder will both need the 3 years experience. In EY, the adjustment is for staff that have served for 6 months or longer. If you are newer than that, your salary would already be at market rate and hence no adjustment - I was one of the poor souls falling in the latter category Lol, no worries. Good luck with your interview and just be yourself. I am sure that you will do great...also don't be so stress out like how michi was with her lots of mails to me Im doing fine here EY is great ahhaah nothing much to do yet will b having training tmr... yeah there were 3 of us last wk which one was u we were introduced to so many ppl btw i think i owe u a drink thanks alot for answering my endless question |
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Oct 15 2008, 06:57 PM
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2,787 posts Joined: Jan 2003 |
the same one as u peter, XD
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Oct 15 2008, 11:30 PM
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43 posts Joined: Feb 2007 |
I applied to all big four firms for an internship this December about a week ago. KPMG and PwC are tied as my first choice and so far KPMG's contacted me for an interview. I'm not so interested in EY and Deloitte but I applied just in case I didn't get any other, but now I'm worried that if EY/Deloitte do call me before my interview with KPMG, I'm going to have to choose on the spot whether to join them and forgo KPMG or to decline and go for KPMG's interview and hope for the best... Can I tell them that I'll call them and confirm on the 5th (after my interview) or would that be unacceptable? Ahhh
This post has been edited by Polar: Oct 15 2008, 11:32 PM |
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Oct 16 2008, 10:19 AM
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110 posts Joined: Aug 2008 From: Damansara, Kuala Lumpur |
QUOTE(Michi @ Oct 15 2008, 04:50 PM) Hye Peter Hehehe, well I am the only staff in my department so it shouldn't be that difficult to find me Im doing fine here EY is great ahhaah nothing much to do yet will b having training tmr... yeah there were 3 of us last wk which one was u we were introduced to so many ppl btw i think i owe u a drink thanks alot for answering my endless question Anyway, no worries about the questions and no drink belanja is necessary. I charged all that time to Available Time anyway QUOTE(ThanatosSwiftfire @ Oct 15 2008, 06:57 PM) Cool |
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Oct 17 2008, 11:22 AM
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99 posts Joined: Aug 2008 |
QUOTE(ThanatosSwiftfire @ Oct 13 2008, 09:05 PM) I was told the reason that acca grads get more is because the firm doesn't have to finance their studies, and they don't get study leave. Its not true. Basically, ACCA graduate qualification is higher than degree graduate.. ACCA is considered as a profesional qualification while degree is nth to ACCA... So it is reasonable that the ACCA graduates earn a higher starting pay than the degree graduate.. |
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Oct 17 2008, 11:32 AM
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110 posts Joined: Aug 2008 From: Damansara, Kuala Lumpur |
A fresh ACCA grad is only an ACCA Affiliate. They only become qualified (or should I say 'valuable') once they become full members (generally after 3 years of relevant experience).
In same amount of time, degree members can also obtain their professional qualifications. |
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Oct 17 2008, 12:25 PM
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99 posts Joined: Aug 2008 |
QUOTE(peter_pj @ Oct 17 2008, 11:32 AM) A fresh ACCA grad is only an ACCA Affiliate. They only become qualified (or should I say 'valuable') once they become full members (generally after 3 years of relevant experience). Agree. Provided the degree is a local degree which is recognized by MIA. If one is doing an Australian degree, he won be able to obtain professional qualification even after 3 yrs practicing in a professional firm unless he takes up a professional course (most Austalian degree students will go for CPA Australia).In same amount of time, degree members can also obtain their professional qualifications. This post has been edited by kenz002: Oct 17 2008, 12:26 PM |
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Oct 17 2008, 05:38 PM
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44 posts Joined: Aug 2008 |
hi guys, i just got an offer from kpmg, may i know how long is the probation and any increment after that?how is the bonus?and can i park at 1u if i accept the offer?
thanks in advance |
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Oct 17 2008, 07:19 PM
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2,787 posts Joined: Jan 2003 |
QUOTE(kenz002 @ Oct 17 2008, 11:22 AM) Its not true. Basically, ACCA graduate qualification is higher than degree graduate.. ACCA is considered as a profesional qualification while degree is nth to ACCA... So it is reasonable that the ACCA graduates earn a higher starting pay than the degree graduate.. 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) |
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Oct 17 2008, 07:43 PM
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99 posts Joined: Aug 2008 |
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) [/quote] Hmm.. make sense also. |
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Oct 17 2008, 11:52 PM
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2,656 posts Joined: Nov 2004 |
QUOTE(ThanatosSwiftfire @ Oct 17 2008, 07:19 PM) 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' What's the point of professional qualifications to the firms, if it simply nothing better than normal grad? And my source, btw, is quite credible. (aka HR) It just doesn't justify to pay them more because their professional qualifications if they're not better than normal grad. If they're better, then they ranked higher. |
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Oct 20 2008, 02:08 AM
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30 posts Joined: Sep 2007 |
QUOTE(Polar @ Oct 15 2008, 11:30 PM) I applied to all big four firms for an internship this December about a week ago. KPMG and PwC are tied as my first choice and so far KPMG's contacted me for an interview. I'm not so interested in EY and Deloitte but I applied just in case I didn't get any other, but now I'm worried that if EY/Deloitte do call me before my interview with KPMG, I'm going to have to choose on the spot whether to join them and forgo KPMG or to decline and go for KPMG's interview and hope for the best... Can I tell them that I'll call them and confirm on the 5th (after my interview) or would that be unacceptable? Ahhh dun worry .. they dont usually choose u on the spot and make u accept it ther n then .. they will need to prepare an offer letter for u ... which takes time ... when its done ... they will call u and say u are offered bla bla bla ... we;ll send it to u or bla bla bla. ... and theres a deadline for u to accept the offers ... in the event that their deadlines are even before ur interview wit kpmg/pwc or before thye have offered u .. then just give them a call and ask them if its ok to get some extension ... which will usually be ok ... they will ask u for a reason .. u can say u r still considering it ... or u are busy wit exams nwo .. or suddenly ur parents are thinking of bringing u for a long trip in europe etc etc ...lol QUOTE(ThanatosSwiftfire @ Oct 17 2008, 07:19 PM) 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' yeah .. have heard that from various sources as well ...canot be wrong ..hahaAnd my source, btw, is quite credible. (aka HR) like peter_pj said .. the value of these professional qualifications onli really kick-in after u become a full member |
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Oct 21 2008, 09:23 AM
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103 posts Joined: Dec 2006 |
hi all,
may i know what is the basic knowledge should i have b4 going for an interview as audit associate?? i'm a degree graduate in economic majoring in finance who kinda interested progress in audit line.. anyone can give me some tip on wat should i prepare b4 going 4 interview?? i heard that i should at least familier with the frs financial reporting standard.. izit true?? any other thing that i should know??? i totally no idea as i not majoring in accounting... i heard that economic graduate oso can progress in audit line but diff in the knowledge should b quite big, i guess may i know how much the salary i will been offer in such qualification?? |
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