I've received an offer from both EY and PwC and they are equally away from my house (5 mins diff give or take). Which is better? In terms of working culture, learning curve, bonus and salary increment, opportunity to grow, and social events?

You should have discussed this in your interview with them

I think TS probably did that. Now he/she needs some opinions from people who are working/worked for either companies.

be ready to work late hours to 2-3 AM during peak seasons in audit firms.

KPMG...

PwC all the way

Cuz u get to shake leg and not work till so late at night

Good to know that.A lot of new grads want to join for the prestige and above average pay. Is it really worth it for all the extra hours? I don't know.

which dept? i worked in both before

Yeah, I did ask during the interview and the answers are kind of the same.

Assurance dept. Specifically CLAS for PwC and the diversed industry dept for EY.

PwC's salary is lower than EY although they are prestigious. This I assume is they can afford to cover the high retention rate with their booming reputation. That's why salary isn't the matter. It's the environment I want to really know about.

Not sure bout pwc. But ey is more of a peoples firm for me.

You're right. It's high revenue puts it on the top spot followed by Deloitte, EY and KPMG.

PwC>all.

PwC employees always say positive things about their company.

EY employees always say bad things about their company.

So, you can clearly see the difference.

worse than EY

Hi, I'm doing my uni assignment, just ask for some help, where can i get PwC client list with valid reference?

TS must be good in studies,
2 big4 frim offer u

i've liaised with both firms last time (in a same project). i vouch for pwc.

Cos it is superb

You can look at some of the well-known companies' annual reports for who their auditors are (i.e. cimb is PwC's client). Many big companies use the service of big 4 auditors. Good luck

Minimum politic

I did my ACCA. Average in studies, actually.

So from what I read, EY is a peoples place but PwC is more prestigious. And PwC is better?

Haha, I would vote this as the best answer in the thread

But a lot depends on your character and what engagements were you assigned to really

No truer words than this

Most people in EY complaints about their company but refused to resign.

Most people are okay with PwC except for the hours occasionally.

Or if you get a crap manager

Why?

What do they complain about?

Why PwC?

PWC > EY

Management style EY tak boleh jalan

Are you from EY? Why is it so?

I think internship is the least stressful position of all. So can't fully take their own into consideration when joining one of this two. I heard EY has some major clients too. But is it better than PwC. Also, how is the salary increment for both firms?

they are very professional. i am an ex-big 4 myself and for me, PWC is the best compared to others.

Thank you everyone for your opinion. I've decided, and it's Pwc I choose! 😊

I thought PWC is no 1 in msia

See which dept or boss you are under. To the industry, it hardly makes a difference which Big4 firm you are if you are joining accounting later. If you are leaving accounting, they cannot even differentiate.

Only Big4 staffs cared about which firm they are to compare client size, bonus, performance, boss, ...et all.

If you bother to compile market information (which I don't ), you will find all the largest market cap was/is audited by PwCs. EY got the largest market size by quantity of Plcs. KPMG sapu all the remaining. BDO is the another
"4" in MYS.

Increment largely the same.

If you dare to go the power staff route (extra RMxxx per month for you )

PwC and EY separate the banking division while its merged in KPMG.

Just facebook ey and pwc staff and you judge whether you like their lifestyle.

I cant comment about EY but for PwC i have alot of friends in there and their career outlook has been fantastic.

PwC offers relocation advancement, ie if you work closely with foreign teams and they like you, you might get the chance to move to another country.

I have friends who move from Pwc Malaysia to PwC Singapore to PwC USA to PwC Australia.

Although it is a know fact that all Big4 in different countries is own and managed independently, but their flexibility in bring Pwc-ians around is there.

Since this thread been discussing about EY and PWC, I will just tumpang a few queries here.

In term of banking portfolio, which firm offer the better career outlook if we were to join banking industry in the future as ex-auditor. Or is there any department which can offer better learning opportunity?

AND for anyone whom had gone through the interview for this 2 firms, mind sharing any tips for it?

EY friendlier approach, like talking to a friend. PwC same but can sense the professionalism in the way they speak.

May I know what is the career path/hierarchy like in EY Assurance line?
As a fresh ACCA graduate what should be the position I applying to?

This post has been edited by Nickie6817: Mar 24 2016, 05:28 PM

Do your research by browsing through EY's website. But I can share with you about the Financial Service line for EY (since i'm from FSO). We have three industries: Banking, Asset Management and Insurance.

I'd suggest you start asking yourself a question - Where will I be after 5 years? FSO is a very specialized and technical service line - We put greater emphasis on MFRS especially when it comes to Financial Instruments - Learning wise, your skill-set will be very specific as compared to other service line. In training.. I think most of us from FSO will have a slightly harder time to catch up with our peers from other industries because of that haha

Other service line have greater exposure compared to FSO. But the knowledge & experience that you have in FSO, it's something you can't get from other service line and other service line won't be able to comprehend (So it's a trade-off; you won't be jack of all trades but you're a master in something).

It's also a dull industry since it's heavily regulated (meaning you won't get to travel much except when you do branch visit). I believe HPI and NRG service line gets to travel more frequently compared to us in FSO.

Hmm, working hours wise... FSO have a more predictable peak period (mostly January - May, varies) since the deadline is set by BNM. Other service line, if you're unlucky it's peak period throughout the year (due to period of the engagement - very short, sometimes 2 weeks or even 1 week).

Future job prospect wise... I think it's even throughout the service line. It's just in FSO, you're mostly on the crosshair of banks & other companies that needs talent for financial stuff.

For the PwC vs EY debacle... well, I'll just summarize. PwC is indeed No #1 in Malaysia but EY is catching up and they're investing a lot in their people and talent. If you want prestige in your CV, Join PwC. If you wanna be at the front seat and experience something that is growing.. Join EY.

This post has been edited by latios507: Mar 26 2016, 05:56 PM

I dont think the ranking is obvious enough in Malaysia, but globally, PwC is currently the top.

I go to everyone of them, and they would proclaim themselves as No.1 professional services firm in the industry. What I heard is that there is some sort of affinity between all 4, they wouldnt let the difference be too far apart from each other.

In terms of career path, all of them follow this structure:
1. Associate
2. Senior Associate
3. Team Lead / Assistant Manager
4. Manager

It usually takes 5 -7 years for you to reach manager level, and that is when you can finally leave and become a finance manager in the commercial line.

In my experience of dealing with E&Y, yes, they have a better working culture, people-friendly environment. Their HR are quite good at their functions.

For PwC, depending on the department and function you're in. Better go into Audit, you get to travel around, yes, offshore as far as Japan. If you have intention to migrate and work in other country, they have that option as well. This too applies to Deloitte.

Hi you mentioned FSO, HPI and NRG. what do those stand for? Which means the audit department in EY is also according to industry specialization like pwc? What other departments are there in ey audit?

Thanks!

As far as I know (confirmed), PwC or EY is better strongly depends on what engagement you are assigned to, whos your colleague/ peers.

EY doesnt pay your previous financial year bonuses in one go (one shot, they pay in 2 different period to prevent you from resigning)
Whereas pwc pay bonus in one shot (jul salary).