What life?!?
Big 4 Audit Life
Big 4 Audit Life
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Jan 6 2022, 09:30 AM
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#21
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Junior Member
85 posts Joined: Oct 2017 |
What life?!?
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Jan 6 2022, 12:40 PM
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#22
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Junior Member
72 posts Joined: Oct 2018 |
QUOTE(Hades76 @ Jan 6 2022, 09:26 AM) For me, EY and PwC are the bigger of the bog 4 audit firms. The bigger they are the larger the clientele and better your experiences with going to more clients and also having a bigger internal team. With that said, can be quite distant internally but that is how you perceive it. Ok thanks bro, I am still struggling to choose haha, wish God can lend me a hand.. Opportunity to go up is also there as there is a bigger pool to fill in all levels. The professional certification, dont have to say lah. The big 4 will always push for this and support you as well. For me after Deloitte was involved with 1MDB, I'll be a bit skeptical to join. Anyway, that my 2 cents. |
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Jan 8 2022, 02:05 AM
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Junior Member
485 posts Joined: Dec 2013 |
True ..labor day also working
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Jan 8 2022, 09:34 AM
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Senior Member
4,700 posts Joined: Mar 2012 |
Just apply all, see which one calls you for interview.
If given the choice, opt for PwC as the first choice and Deloitte the last choice. |
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Jan 11 2022, 11:19 AM
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Senior Member
7,863 posts Joined: May 2007 From: highbury |
QUOTE(Little Red Apple @ Jan 4 2022, 09:25 AM) Hey all bros and sis, will join big 4 as auditor newbie soon, have alot of doubts. I am abit concerned about what is auditor's life, and how long the working hours will be? Like from what time until what time, work late until what time? Weekends also need to work? I know auditor is hard, no work life balance, but heard some saying work until 3am in midnight? Is this true? Thanks! my only tips.work smart and hard. 2022 will be my 8th year in audit and i enjoyed it. Good luck. NotCooll and Little Red Apple liked this post
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Jan 17 2022, 06:25 PM
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Junior Member
241 posts Joined: Dec 2012 |
QUOTE(Little Red Apple @ Jan 4 2022, 09:25 AM) Hey all bros and sis, will join big 4 as auditor newbie soon, have alot of doubts. I am abit concerned about what is auditor's life, and how long the working hours will be? Like from what time until what time, work late until what time? Weekends also need to work? I know auditor is hard, no work life balance, but heard some saying work until 3am in midnight? Is this true? Thanks! Working hours will definitely be very long tbh. However, dont give up and be sad on this itself. There will be a lot of exposure that you will gain working as an auditor because you get to work with a lot of clients from different industries. So there is how you gain exposure which you cannot have in commercial. So once in, hold onto it for at least a few years to make the experience a worthy one before deciding to move on to other finance roles. As to which big 4 to choose, well all of them are really not too bad among each other. It all down to what position and engagement exposure they are providing to you. Little Red Apple liked this post
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Jan 19 2022, 02:51 PM
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Junior Member
255 posts Joined: Aug 2010 |
Forget about work life balance in Audit. It's tedious works and super long working hours including weekends. Unless you plan to not perform well or don't wanna learn much, then you can just chill and don't give a damn but surely of course you'll get a lot of scolding and hatred from your colleagues.
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Feb 12 2022, 02:34 PM
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Junior Member
83 posts Joined: Dec 2016 |
Speaking about Big 4 , does anyone know how's the life for pentesters there?
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Feb 12 2022, 03:10 PM
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Senior Member
4,672 posts Joined: Jan 2003 |
QUOTE(danielcmw @ Jan 4 2022, 12:26 PM) This means working 72-ish hours straight; only going home to change clothes & shower..... but yea life as auditor is as such Not from this area nor understand what does an auditor do. Why is it such a long working hours? Why can't there be some automation? E.g. software that can assist in cutting down redundant work? |
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Feb 13 2022, 08:28 AM
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Junior Member
78 posts Joined: Jan 2012 |
QUOTE(davidletterboyz @ Feb 12 2022, 03:10 PM) Not from this area nor understand what does an auditor do. Why is it such a long working hours? Why can't there be some automation? E.g. software that can assist in cutting down redundant work? Well, essentially the auditor works on behalf of the company/client shareholders in order to ensure that management is not being sohai with their investments from the accounting perspective So in Msia, a lot of entities simply aren't using a streamlined accounting system where all invoices (for example in the billing side of the entity) have a somewhat similar form of format; therefore it's pretty impossible for "digitalisation" to help ensure a sample size of selected invoices for vetting is indeed valid / matched with the actualised figures within the clients' accounting system. Digitalisation is only able to be employed if there's enough standardisation within the client's system and this is rarely the case since this would be incredibly expensive for entities to employ (which doesn't even improve their profit margins from a business point of vies) & is therefore mainly used in sample selection of transactions to be tested in order to avoid any human-bias in that selection. AI simply isn't "there" yet & thus the significant chunk of audit work requires human discernment & analysis in order to be reasonably assured that things are err.... "free from material misstatement" so to speak. but this is just from my experience lah from several years ago, maybe things have changed but... doubt it lah from conversations i've had with current folks in the audit line recently Apek Wong and davidletterboyz liked this post
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Feb 13 2022, 11:42 AM
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Senior Member
4,700 posts Joined: Mar 2012 |
QUOTE(davidletterboyz @ Feb 12 2022, 03:10 PM) Not from this area nor understand what does an auditor do. Why is it such a long working hours? Why can't there be some automation? E.g. software that can assist in cutting down redundant work? For example ah...Although Ms Word has spellcheck function, we still need to read word by word (pairing up with another colleague to listen to me) literally to check for any spelling errors on the financial statements and notes to the financial statements. Often time, there are still errors not picked up by Ms Word. Wait until the day lor when artificial intelligence/technology could surpass the cognitive ability of human beings. This post has been edited by Blofeld: Feb 13 2022, 11:43 AM davidletterboyz liked this post
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Feb 13 2022, 01:50 PM
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All Stars
11,667 posts Joined: Jan 2003 From: Klang/Subang |
QUOTE(davidletterboyz @ Feb 12 2022, 03:10 PM) Not from this area nor understand what does an auditor do. Why is it such a long working hours? Why can't there be some automation? E.g. software that can assist in cutting down redundant work? From Tax sideThere's a lot of manual work in macroed excel files. Software to enable staff to have an easier life is available..thompson reuters and other big software vendor got sell. But licensing fees very expensive so gotta do it the hard way davidletterboyz liked this post
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Feb 16 2022, 04:12 PM
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Senior Member
4,672 posts Joined: Jan 2003 |
QUOTE(danielcmw @ Feb 13 2022, 08:28 AM) Well, essentially the auditor works on behalf of the company/client shareholders in order to ensure that management is not being sohai with their investments from the accounting perspective So in Msia, a lot of entities simply aren't using a streamlined accounting system where all invoices (for example in the billing side of the entity) have a somewhat similar form of format; therefore it's pretty impossible for "digitalisation" to help ensure a sample size of selected invoices for vetting is indeed valid / matched with the actualised figures within the clients' accounting system. Digitalisation is only able to be employed if there's enough standardisation within the client's system and this is rarely the case since this would be incredibly expensive for entities to employ (which doesn't even improve their profit margins from a business point of vies) & is therefore mainly used in sample selection of transactions to be tested in order to avoid any human-bias in that selection. AI simply isn't "there" yet & thus the significant chunk of audit work requires human discernment & analysis in order to be reasonably assured that things are err.... "free from material misstatement" so to speak. but this is just from my experience lah from several years ago, maybe things have changed but... doubt it lah from conversations i've had with current folks in the audit line recently QUOTE(Blofeld @ Feb 13 2022, 11:42 AM) For example ah... Although Ms Word has spellcheck function, we still need to read word by word (pairing up with another colleague to listen to me) literally to check for any spelling errors on the financial statements and notes to the financial statements. Often time, there are still errors not picked up by Ms Word. Wait until the day lor when artificial intelligence/technology could surpass the cognitive ability of human beings. QUOTE(ceo684 @ Feb 13 2022, 01:50 PM) From Tax side Thanks you guys for the explanation and analogy. Now I understand why. There's a lot of manual work in macroed excel files. Software to enable staff to have an easier life is available..thompson reuters and other big software vendor got sell. But licensing fees very expensive so gotta do it the hard way |
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Apr 22 2023, 11:25 PM
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Probation
13 posts Joined: Sep 2022 |
Just curious, is there anyone here work in KPMG as well... If yes, then we may have lunch at One Utama yo (If I am in the office lah) ahahahah.
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Jun 20 2024, 12:07 PM
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#35
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Senior Member
5,741 posts Joined: Apr 2019 |
QUOTE(Little Red Apple @ Jan 4 2022, 09:25 AM) Hey all bros and sis, will join big 4 as auditor newbie soon, have alot of doubts. I am abit concerned about what is auditor's life, and how long the working hours will be? Like from what time until what time, work late until what time? Weekends also need to work? I know auditor is hard, no work life balance, but heard some saying work until 3am in midnight? Is this true? Thanks! how is your work going?enjoying your work life? |
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Jun 20 2024, 06:22 PM
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Senior Member
7,847 posts Joined: Sep 2019 |
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