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 Big 4 Recruitment Drive

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v86
post Jun 12 2008, 12:25 AM

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hey does anyone know what they meant by malaysian final year student in the graduate requirement to apply for an associate position in ey?
i browsed thru their website n their minimum requirement is malaysian final year student/degree/prof quali
whereas in kpmg, the requirement stated acca finalist encouraged to apply
v86
post Jun 12 2008, 02:39 AM

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QUOTE(Veena @ Jun 12 2008, 01:26 AM)
3rd yr student... last sem... can start applying for Audit Assosiate (Jr Position) ... KPMG--- beside IBM.. TV3... One U there... If u're a finalist Acca... go ahead n try apply.. no harm applying... laugh.gif
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i juz completed my final 2 papers yesterday. but result will only be out on August. so if i apply now as a finalist, do u know how much normally will these firms offer? sum said rm1800-1900
v86
post Jun 12 2008, 03:46 PM

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QUOTE(fletcherwind @ Jun 12 2008, 09:23 AM)
KP offers rm2700 - after revision. The old rate was 2400 i think.
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no, i meant for acca finalist.not acca graduate nod.gif
do u know the rate for acca finalist?
v86
post Jun 13 2008, 02:34 AM

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QUOTE(aboogee @ Jun 13 2008, 02:30 AM)
Wont be much different. It should be around 2k plus. Almost impossible for it to be 1.8k - 1.9k ... too little. ACCA Grads themselves are getting 2.7k i think ... The jump wont be that high.
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i think u misunderstud my question.
i was asking bout acca finalist pay as in those who entered part 3 of acca n they're considered a finalist.
kpmg does offer a position for finalist n from what i heard its around 1800 to 1900. jus wanna confirm bout tht nod.gif
v86
post Jun 13 2008, 07:15 PM

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i've just read the graduate requirement in kpmg's website under 'careers'. it stated tht graduates, final year degree holders and ACCA finalist are welcome to apply.
Can anyone confirm with me tht they do employ acca finalist ( not graduate ) and what is the salary offered?
v86
post Jun 13 2008, 10:07 PM

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QUOTE(asiahost @ Jun 13 2008, 09:52 PM)
Let me clarify for you. They do employ ACCA finalist or even not finalist. They will also bond those who have few papers left or even you left only one paper. Don't bother much about the requirement in their website. It is for the sake of formality. Anyway, it really depends your luck cause I have know someone joining accounting firms (big 4) both finalist and not finalist. The salary offered is depends on which accounting firm you apply. I believe it should be the same as freshies.

Hopefully this shed some light in the darkness.  rclxms.gif  thumbup.gif
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yeah ive heard they pay rm1800 for acca finalist who doesn't have a degree. juz wanna clarify things up. thanks for the info ya nod.gif


are u from kpmg?
v86
post Jun 16 2008, 01:05 PM

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may i know whether is anyone here from EY?
i have a few questions to enquire u guys nod.gif
v86
post Jun 18 2008, 10:29 PM

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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?
v86
post Jun 19 2008, 04:42 PM

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QUOTE(vin_ann @ Jun 19 2008, 10:21 AM)
yes, audit required extensive travelling.
Tax most of the time is spend in office.

workload for audit n tax. it's depend. Audit got it's own peak period and so does tax.
Audit the peaks is start from Nov or Dec till June
Tax peaks start from April onwards for the tax filling dateline.

since u dun have experience, you need to start from below. for tax, importantly you need to show your great interest with tax during interview, then will be more chances u will be get hired. 
business advisory i no experience, but i can tell you about audits.
from your post, what you prefer is more to advisory dept.

audit = expressing true n fairness of the management account prepared by the accountant.
in order to express the uun-qualify opinion, a lots of works need to be done. vouching, test of control, analitical review and a lots more. it's mostly on financial side, not much to operations.

as long as you have a degree in accounting or finance, i thinks you shd be qualify. preferable you have ACCA or other relevant professional degree.
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vin ann, anyway thx for ur opinion ya! nod.gif appreciate it


Added on June 19, 2008, 4:46 pm
QUOTE(caryn_eternal @ Jun 19 2008, 01:27 PM)
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.
Yes, they do. If your application is not successful, in most cases, an e-mail will be sent to you smile.gif
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 smile.gif
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.
No harm in trying smile.gif 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! smile.gif 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!
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dear caryn, thanks alot for ur advise. i agree that if i'm doing something that i have no interest in, it'll be a drag everyday and will definitely be demotivated, hence affects the outcome of the work given.
guess i have made up my mind nod.gif

thanks!


Added on June 19, 2008, 4:50 pm
QUOTE(asiahost @ Jun 19 2008, 01:30 PM)
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 biggrin.gif
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 biggrin.gif
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.
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mmm... but audit is kinda like repetitive work from what i've heard..but dunno how true is tht.
neway thanks for ur wishes and opinion nod.gif

good luck to u as well for ur job application and results! thumbup.gif

This post has been edited by v86: Jun 19 2008, 04:50 PM
v86
post Jun 26 2008, 10:53 AM

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Hi everyone,

I just got called for an interview from the Hr department yesterday, mind sharing with me how can i prepare myself for the upcoming interview? nod.gif
v86
post Jun 26 2008, 09:45 PM

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QUOTE(asiahost @ Jun 26 2008, 12:55 PM)
Which HR Dept if you dont mind sharing? And I believe there are many threads on interview preparation already..

Anyway wish you best of luck.
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EY's Hr dept. yeah i've viewed a couple of them already but somehow, i think it'll be better to enquire those who have experienced big4's interview to get a clearer pic of their interview process.
anyway, thanks lots! nod.gif


Added on June 26, 2008, 9:50 pm
QUOTE(kevinleng @ Jun 26 2008, 02:51 PM)
The interview process is different for each company. Some companies will request you to write an essay (ie. how do you plan to contribute to the organisation in your first year?) while some may not. Sometimes the first interview is not a very technical or academic interview because the interviewer is from HR. Therefore they are looking at your attitude as well as how well you present and articulate yourself. More often than not, HR interviewers will ask very general questions such as "What's your biggest non-academic achievement?" or "Where do you see yourself 5 years from now?" or "Tell me a non-academic scenario where you were in a leadership role".

The best way to prepare for interviews is to search the internet to understand the common questions asked by interviewers. Prepare the answers for these questions in your head and constantly practice answering these questions with a friend or in front of the mirror. These will help you answer more smoothly and makes you look more sure of your answers. Of course you would have to learn more about the organisation as well as the positiion that you are applying for.
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first of all, really appreciate your advise nod.gif
if i'm not mistaken, ur from EY rite?
do u mind sharing with me ur experience?
by the way, is there any test or assessment tht need to be done during the interview like PWC or KPMG?

This post has been edited by v86: Jun 26 2008, 09:50 PM
v86
post Jul 8 2008, 06:44 PM

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do u guys know whats the difference between "business advisory services" dept and "business risk solution" dept under RAABS in EY? as in what do they do ? the scope of their work
v86
post Jul 14 2008, 05:19 PM

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QUOTE(kevinleng @ Jul 12 2008, 09:50 PM)
Business Advisory Services (BAS) does more advisory work such as PMO, Business Risk Services (BRS) is more on risk management, so they cover more on internal audit work for clients.
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thanks alot kevin for the information smile.gif .
I just accepted an offer from Ey as an Associate2 in BRS. will be starting this 4th of August.
hope to meet you there nod.gif


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