For PwC - intake is 12 months a year, so apply as soon as you can

For IT grads with accounting minor - You can try for the IT auditor position.. SPA (Systems Process Auditor) in PwC

I'm not sure about the other big 4, but the starting pay ranges from RM2.1k - 2.2k for normal auditor (those with Masters degree freshie are paid higher) while SPA auditors gets paid slightly higher.. about RM2.3k

And about that dispeling the myth on working late nights.. cktwai, come on... i agree with you that it doesn't happen to everyone, but you got that 5% on the wrong side. 95% of auditors has at least once worked pass midnight before. But this only happens during peak periods. The larger the company you audit, the longer the working hours as more sections and responsibilities are given out.

Large companies - Listed in KLSE, financial institutions, MNC

OF course, if you were to audit a medium sized or smaller firm, you'd be going home much earlier than the rest of the population.

Agreed! although it is not one of the big 4 though, and also not auditing.. Accenture used to be Arthur Andersen consulting arm... AA dimakan oleh EY di...

How much is the salary for freshies ar? Heard it's RM4k...once confirmed staff, salary is much much higher. Anyone can confirm?

Agreed, and globally, PwC is still the tops..

Globally:
1) PricewaterhouseCoopers
2) Deloitte
3) KPMG
4) Ernst & Young

(dunno whether KP or EY 3rd)

Ha ha! I think last year alot of Deloitte seniors have left for Shanghai/Beijing jobs with higher salaries or 'migrated' to PwC KL... heard that Deloitte KL can be quite 'chinaman' when it comes to directors and partners...

I don doubt that Deloitte at times pay higher than the rest.. I have ex-Deloitte fwens in PwC that can confirm that.. Further more deloitte pays a handsome overtime and when accumulated, wah lau, like bonus on its own... It's just that the workload.... among the four... Deloitte is the worst, muahahaha (but of coz, if u are senior in deloitte, then u won't do much field work as compared to the others, more on reviewing sections..)

wahhh so many pwc ppl here - any managers around? Hehe. By the conversations here I can tell that none of you guys are from FS - most likely EUMI and CIPS

Lemme elaborate further then on Financial Services (audit). Roughly divided into three - Banking, Insurance and DLL (dan lain-lain - including fund and investment management). Specialisation into these three branches are rare for new joiners - only when you are into the second and third year would you be segregated. There's little you can do once you are designated into Banking or Insurance - so my advice is to speak to Managers from your desired line of choice and ask to be booked on their jobs (that is if you are not alredy booked).

Travelling to PwC
To go to PwC via LRT - STAR LRT alight at Sultan Ismail station - walk accross the road using the overhead bridge (which ppl seldom use these days) - Wisma Sime Darby or WSD is the corner building on your front left.

There's lots of parking behind WSD if you're travelling by car.

Still on PwC..
agreed.. although generally most of the FS clients are within the Golden Triangle - there are some clients in Labuan (offshore banks) and there's possibilities of being sent out for branch visits in other States. CIPS - alot of them in industrial areas like Port Klang, Shah Alam, Bangi, Puchong. Perhaps hikari can expand on EUMI?

Do you think that the move to KL Sentral soon is a good idea? Where to park leh? But very convenient to visit MidValley during lunch time though especially off peak season, muahahaha!

Ok, I might deviate a little from the topic - but here's a real-life story I'm sharing regarding this.. This happened to me last year..

Was working till 7pm on Sat in WSD, and I parked my car at the KNChak place, very near the entrance. Was opening the car doors to release the hot air (not a very clever thing to do) and when I was closing up, some fugly transvetite tried to get in but i managed to close the doors except for the driver's seat - he was holding the car door, and asked me where I'm going. I just said I'm not interested but he still held on. 30 very long seconds later he let go of the door and I sped off.

Long story short - please travel in packs next time for safety reasons.

Dunno about now, but for me, there wasn't really an increment - more like a salary revision - everyone get's it, around 5-6%. So yeah.. increment about RM100-150. The jump happens the most when you become a senior, from AA1 to SA2.. and when you get your qualifications (eg, member of CPA).. about RM600 - RM700 each time ... happiness..

THat's for PwC lar.. I think EY has gradual increase in salary, as in the increments are higher than PwC each round, but there's no such thing as qualified pay increase. At the end of the third year, your salary may match, but of course, EY ppl get more money then PwC at the end of the day (accumulatively!)

Maybe what I said was wrong. I was thinking that if EY staff on average gets higher increment than PwC. Lemme explain abit. First year, let's say same salary scale:
PwC - RM2100 * 12
EY - RM2100 * 12
end of the year - sama-sama

Second year, EY increment higher:
PwC - RM2250 * 12 (let's say RM150 increase)
EY - RM2500 * 12 (let's say RM300 increase)

Third year, PwC person promoted to senior, get salary increase, EY also got same increase
PwC - RM2850 * 12 (let's say RM600 increase)
EY - RM2800 * 12 (let's say RM300 increase)

At the end of the third year, although the salary level almost the same, guess who has a fatter bank account?

That's my theory lar.. maybe I'm wrong leh

yum yum! I love the claypot tom yum yee mee too!! extra salty! hehee.. although I like the plain yee peng and fishballs version

U need to be at least a Manager to draw that kind of salary. Which means at least 5 years lor. But the level before that, ES (Executive Senior) may draw as much as RM4500 (a few star performance ppl lar).

Work load shifts from ticking (or vouching) to managing the engagement effectively, tackling difficult issues (use more brain matter)

If you're asking about whether the work hours will bcome shorter, I'm afraid the answer is not.

if given a choice between audit, tax and advisory, I'll go for advisory hands down. but that's my personal choice

frododo, although I agree that being in tax line will give u the opportunity to be more 'value adding' compared to audit, I have heard more success stories of audit partners/directors jumping into the commercial world and landing high profile jobs (aka CFO of financial institutions etc) than that of tax..

Being in audit means that you get a more fuller picture, as you get to see all the operations of a business (including a very narrow view on tax). I'm not saying in tax you won't, but that's rare. And the more senior you are, the more of the business mechanics you would learn.

No particular reason. Just my personal belief that advisory is more value adding than audit. Value adding in a direct way that will affect the business immediately. For instance setting up a fixed asset system that will radically change the way it is accounted for. Or designing a program that will enable help frontline banking staff to be more efficient. And the diversity of the work in advisory, compared to audit audit audit. Plus, when on advisory jobs, you're most likely challenging yourself to think out of the box, rather than audit audit audit. Yeah, in audit, you may have tackle very different issues, but in the end, it's thinking in the box - what does the regulation say, how to comply, and how best to audit.

Again. Just my humble opinion yah