QUOTE(zc_squash @ Jun 18 2008, 10:52 AM)
I am waiting as well. But according to one of my friends, PwC may take up to 2 months to get all the applications filtered.
IMO, I don't think they will take that long as they conduct assessments on a monthly basis. Maybe you could at least try to call them back and ask on the application status.
QUOTE(zc_squash @ Jun 18 2008, 08:57 PM)
Good for you

But do you know if they at least notify applicants who are not shortlisted?
EDIT: Oh ya, which position did you apply for? And did you take up the offer?
Yes, they do. If your application is not successful, in most cases, an e-mail will be sent to you
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 knowlege 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
From my opinion, tax will perhaps suit you better. As for audit, you are expected to always travel to and forth to the client's place, hence the lack of time in the office. And not forgetting the long working hours. At the end of the day I guess it all boils down to where your own interest lies in. If you'd prefer not to travel more and spending more time in the office, tax may be the most appropriate answer (but of course long working hours are sometimes expected as well). I can't advise you on what tax associates do as I'm not in tax. But I think if you've studied tax in Uni before this, it should be sufficient. And don't forget, people in assurance are required to continue their studies in professional exams, it is mandatory for audit and vice versa for tax (it's up to you). As for advisory, yea... IMO I reckon they'd usually have a somewhat preference for experienced candidates over fresh grads (not really sure about this).
Just my humble opinion, trying to clear off some doubts in potential candidates' mind as I was one too a few months back
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?
Not too sure on this, hence I would not be able to give an appropriate answer. As for advisory, you may enquire other experienced forumers. But again, I would say based on what you have conjured, I believe you would prefer advisory more. Audit as I know doesn't concentrate much on that. I think you would know by now that most audit people would always complain the long hours and tons of work to do all year round, but what keeps them going at the end of the day? No one would like to be committed to a job so much that he/she rarely spends time on their own personal lives, and partly it is the nature of our job.
There are plenty of learning opportunities in audit as you will be exposed to many aspects of the business i.e. the nature, management, and of course on the financial aspects like the inventory, AR, AP, etc. You'll need to learn beforehand the analytical procedures, what is expected of you on the job, how to collect sufficient evidence (this is where vouching comes in), how proper documentation should be like, etc. So yea, it is a very thorough and detailed process.
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?
No harm in trying

They do accept those of finance background as well if I am not mistaken, so long if you have some knowledge in accounting but of course, it also depends on your luck as they will probably access your transcripts and look at the subjects you have studied beforehand. Good luck!

P/S: Training will be provided in most Big 4 firms (I think... At least mine do and I think they have the best facilities around). All the best!
This post has been edited by caryn_eternal: Jun 19 2008, 01:33 PM