QUOTE(HBK-reloaded @ Jun 18 2008, 10:19 PM)
i just want to enquire regarding the workload between audit and tax..between this 2,which is the most time that will be spend on.. im kinda consider both this two since they said that fresh entry they sometimes not encouraged to join in the corp.advisory department yet..and is the salary range equal between tax and audit?is the audit requires extensively travelling compare to tax?btw, since i dont have any knowledge in tax, (few during my tax paper,but kinda forget already since its been 2 years already passed in my acca exam)can i apply for the position? i want to find a position that maybe stay in the office,less travelling coz i still left with 1 acca paper..so dont wanna skip class
The workload between audit and tax is imaginable. Pick an auditor in the street and they will be able to tell you. Both audit and tax have their own peak period. Depending on which firm you will be joining whether big 4 or medium size the work load is different.
Fresh entry are not encourage to join corporate world because it is better to get exposure in audit line first. For illustration, a guy who works in a corporate world for 3 years compare to a guy who works with an accounting firm. In terms of exposure it will definitely be the guy working in the audit line as he is able to see many industry. As for the guy in the corp world, he will be dull doing the same thing for the past years. Well, this is my perception. It might not be true for others.
As far as i am concerned the salary does not vary much or does not vary at all for tax and audit if you enter as fresh grad.
Audit requires travelling as you need to meet the clients to get schedule, working papers and management accounts. Tax do travel but not as much as auditors do. But you can claim petrol or can car pool with your seniors.
Do your research and start applying then.. But from my point of view, you dont have to find a position that need you to stay in office and less travelling because you dont want to skip class. You rather made the right choice for your career path then having an easy way out to "pass your paper". The choice is still yours

QUOTE(v86 @ Jun 18 2008, 10:29 PM)
Hi all,
can anyone share with me their opinions regarding the benefits and drawbacks between business advisory dept and audit?
personally, i love analysing companies, assessing their current situation and all, and love to come up with creative ideas of how to improve the co's performance in terms of financial and non-financial wise.
However, i was told tht i would need to work for 5 years in order to gain the membership as compared to audit which is 3 years.
What's the scope of work in audit actually?
i'm planning to apply to the big 4 while waiting for results.
any suggestions?
The one that I can think of is Audit is more challenging than BAS. Depends on which level you are in, say you enter as fresh grad or inexperience Business Consultant Associate/Exec, you will be doing admin stuff.
BAS is not just analysing companies and assessing their current situation. There are more "DULL" stuff to it. Too many paper works compared to audit. A lot of reading.Too many reports. If you like this stuff join audit few years and then go for forensic auditing or FAS.
Go ahead applying for big four while waiting for results. Wish you luck

QUOTE(siaolang @ Jun 18 2008, 10:33 PM)
I'm from finance background but I don't have accounting background (took just a few courses in accounting), I wonder can i join the Audit department in big 4? Are they going to provide training?
It should not be a problem because I known someone having a medical degree doing audit. And of course he is willing to pick up. Besides, he is doing an accounting professional cert that is why the firm allow him to join.
This post has been edited by asiahost: Jun 19 2008, 01:32 PM