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 Big 4 Recruitment Drive_v3

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HappyHealthWealth
post Dec 4 2015, 03:33 AM

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QUOTE(flying monkey @ Nov 28 2015, 01:20 AM)
Hey, does anyone here know normally how long will kpmg kl reply or give offer after attended interview? I had attended the 12 Nov interview and  hr told me that interviewer havent make decision yet. After I read all the review on lowyat, it seems that ppl who attended the same interview with me already get offer after a week. Since it is already more than 2 weeks, does it means that my resume just keep in view? He also told me that since now it is peak period, I might not be able to know the result next week and he doesnt want to give me fake hope of being able to know result next week.
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Hi flying monkey, did you get any updates from the HR department? Face the same problem like you. Being told to wait patiently as now it is peak period and my interviewer has not yet decide on my interview outcome. unsure.gif unsure.gif
HappyHealthWealth
post Dec 4 2015, 03:43 AM

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Hi everyone, I get an invitation from Deloitte to attend their case study session. Would like to ask what it is about? Is it about sitting for english test,IQ test and essay writting? Appreciate it if anyone can provide me some advcies so that i can prepare for this case study session. Thank you.
JupiterThunder
post Dec 4 2015, 05:17 PM

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it took KPMG and EY just 1 week for their replies after attended both of their interview sessions in the same week. what i can say is, EY adjusted their offer and KPMG remains the same.
ks0108
post Dec 5 2015, 10:26 PM

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QUOTE(dasecret @ Dec 3 2015, 02:11 PM)
If you are applying for anything more than freshie, of course they would expect you to know the accounting and auditing standards as what their own staffs would know at their level

Sorry, I'm not trying to add salt to your wound, but just because you come from small firm doesn't give you the excuse of not knowing the accounting and auditing standards after 3.5 years. If that's what the small firm taught you, I recommend you run fast fast to another medium firm maybe, so you won't be forever stuck. Even accounting staffs in PLCs or MNCs are expected to know accounting standards these days
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no problem...
thanks a lot for the advice...
ks0108
post Dec 5 2015, 10:33 PM

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QUOTE(dasecret @ Dec 3 2015, 02:11 PM)
If you are applying for anything more than freshie, of course they would expect you to know the accounting and auditing standards as what their own staffs would know at their level

Sorry, I'm not trying to add salt to your wound, but just because you come from small firm doesn't give you the excuse of not knowing the accounting and auditing standards after 3.5 years. If that's what the small firm taught you, I recommend you run fast fast to another medium firm maybe, so you won't be forever stuck. Even accounting staffs in PLCs or MNCs are expected to know accounting standards these days
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Accounting standards wise, I believe I answered them what they wanted - standard codes, accounting treatments, double entries, consolidations, equity accounting, deferred tax
But I believe the ONLY gap is the audit methodology because they seem unsatisfied with the way I answered them.....

Yeah... I'm currently waiting for the reply from a mid-tier firm....
zomode
post Dec 6 2015, 05:13 PM

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Currently I am thinking whether to work in KL's Big 4 or other small towns' Big4. Will I get better career pathways if I work at KL Big4?
pherac
post Dec 6 2015, 07:15 PM

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QUOTE(zomode @ Dec 6 2015, 05:13 PM)
Currently I am thinking whether to work in KL's Big 4 or other small towns' Big4. Will I get better career pathways if I work at KL Big4?
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More exposure to complicated sections and issues and lucrative industries
You get to audit public listed co or major banks
Higher pay
Better audit methodology

So yes, better career path due to steeper learning curve
pherac
post Dec 6 2015, 07:16 PM

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QUOTE(ks0108 @ Dec 5 2015, 10:33 PM)
Accounting standards wise, I believe I answered them what they wanted - standard codes, accounting treatments, double entries, consolidations, equity accounting, deferred tax
But I believe the ONLY gap is the audit methodology because they seem unsatisfied with the way I answered them.....

Yeah... I'm currently waiting for the reply from a mid-tier firm....
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What exactly did they ask and what exactly did you answer?
I'm trying to understand the difference in the audit methodology
pherac
post Dec 6 2015, 07:17 PM

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QUOTE(JupiterThunder @ Dec 4 2015, 05:17 PM)
it took KPMG and EY just 1 week for their replies after attended both of their interview sessions in the same week. what i can say is, EY adjusted their offer and KPMG remains the same.
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I guess you will choose EY?

If so, welcome
dasecret
post Dec 7 2015, 09:33 AM

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QUOTE(pherac @ Dec 6 2015, 07:15 PM)
More exposure to complicated sections and issues and lucrative industries
You get to audit public listed co or major banks
Higher pay
Better audit methodology

So yes, better career path due to steeper learning curve
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Audit methodology should be standardise for all global network firms
I guess the main difference is working with different people on a variety of experience - the companies in KL tends to be bigger, you get more variety, they do more exotic things compared to branch offices that are more straightforward or standard

But I was told hours are better in branch offices, less traffic jam... so I guess it boils down to what you want
I knew I have to work in KL, there's too limited career opportunities in my hometown, after audit firm, what's next? Or even within audit firms, opportunity to go up is less
zomode
post Dec 7 2015, 07:09 PM

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QUOTE(dasecret @ Dec 7 2015, 09:33 AM)
Audit methodology should be standardise for all global network firms
I guess the main difference is working with different people on a variety of experience - the companies in KL tends to be bigger, you get more variety, they do more exotic things compared to branch offices that are more straightforward or standard

But I was told hours are better in branch offices, less traffic jam... so I guess it boils down to what you want
I knew I have to work in KL, there's too limited career opportunities in my hometown, after audit firm, what's next? Or even within audit firms, opportunity to go up is less
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Ikr, working in KL I might need to spend extra expenses on accommodation and transportation and etc, so probably the monthly saving will less than working in hometown. Sigh....
pherac
post Dec 7 2015, 10:04 PM

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QUOTE(dasecret @ Dec 7 2015, 09:33 AM)
Audit methodology should be standardise for all global network firms
I guess the main difference is working with different people on a variety of experience - the companies in KL tends to be bigger, you get more variety, they do more exotic things compared to branch offices that are more straightforward or standard

But I was told hours are better in branch offices, less traffic jam... so I guess it boils down to what you want
I knew I have to work in KL, there's too limited career opportunities in my hometown, after audit firm, what's next? Or even within audit firms, opportunity to go up is less
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Yes audit methodology goes by the firm
I should have said 'audit approach'

Depends on what you want, really can't learn much from small firm.. Too limited exposure.. Esp to oil and gas and banking.. They're all in KL

Traffic jam is sth you need to learn to manage.. Yes working hours can be very bad but it also means you are learning more and at a faster pace

Newbies should place learning as their top priority..
After a few years you can balik kampung

Not to mention you get to be completely independent when you stay away from home.. I think it's sth that someone really should go through as a phase of their life.it'll make you grow and tougher

But still... Some people prefer to live comfortably at home

This post has been edited by pherac: Dec 7 2015, 10:06 PM
yanhui95
post Dec 8 2015, 02:28 AM

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Anyone here that could possibly shed some light on which industry that I should go for that enhances career progression?

I'm given the chance to audit either:

i) Banks
ii) Insurance
iii) Asset Management

This will be in the UK if that matters. I did an internship doing Insurance but Asset Management caught my attention when I did some of the work for them. Personally feel that Banking might be a bit worse in terms of working hours and not sure if it comes with more benefits.


Savor_Savvy
post Dec 8 2015, 08:38 AM

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Big 4 pays in USD?
dasecret
post Dec 8 2015, 09:54 AM

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QUOTE(yanhui95 @ Dec 8 2015, 02:28 AM)
Anyone here that could possibly shed some light on which industry that I should go for that enhances career progression?

I'm given the chance to audit either:

i) Banks
ii) Insurance
iii) Asset Management

This will be in the UK if that matters. I did an internship doing Insurance but Asset Management caught my attention when I did some of the work for them. Personally feel that Banking might be a bit worse in terms of working hours and not sure if it comes with more benefits.
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I'm not from those industries, so can't really comment. But 1 thing I observe amongst my friends is, if you are in asset management, there is limited career opportunities in Malaysia and you will have to work in Singapore or Hong Kong if you want to be back to Asia

Generally it's easy to get a job with UK banking or insurance experience
SUSGreenSamurai
post Dec 8 2015, 12:23 PM

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QUOTE(Savor_Savvy @ Dec 8 2015, 08:38 AM)
Big 4 pays in USD?
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Yup the big 4 in USA does.
Savor_Savvy
post Dec 8 2015, 01:14 PM

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QUOTE(GreenSamurai @ Dec 8 2015, 12:23 PM)
Yup the big 4 in USA does.
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How about here? In Malaysia.
SUSGreenSamurai
post Dec 8 2015, 01:18 PM

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QUOTE(Savor_Savvy @ Dec 8 2015, 01:14 PM)
How about here? In Malaysia.
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Lol what do you think bro? Paid in myr of course. Cheap labor only the people in Malaysia lol.
Savor_Savvy
post Dec 8 2015, 01:23 PM

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QUOTE(GreenSamurai @ Dec 8 2015, 01:18 PM)
Lol what do you think bro? Paid in myr of course. Cheap labor only the people in Malaysia lol.
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The reason i asked is because those working in Big 4 usually earns a lot. So I am guessing, maybe due to the conversion rate? Eg: USD3,000 x 4.3 = RM12,900. tongue.gif
Gnas22
post Dec 8 2015, 02:32 PM

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QUOTE(yongeow @ Nov 26 2015, 04:07 PM)
PwC and KPMG still pay less than 3k

While EY and Deloitte already higher than 3k. But KPMG already announced that they will revise their salary soon during their annual dinner.
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So you mean P_ _ pay the lowest in the industry now.. lol..
Would it be less competitive advantage for them?

I guess E _ is the one growing now.. they have lots of customers at these days

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