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Difference in Big 4 and small audit firm - Part 2

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Old 12-05-2012, 12:39 PM   #46
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why so? care to explain?? i think is it due to the lack of progression in GST??
Corporate tax is more versatile as you will be helping the corporation to minimise their tax obligation if you choose to move out of the audit firm in the future. GST is more straight forward hence the opportunities tend to be limited out there.
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Old 12-05-2012, 09:10 PM   #47
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anyone got any idea of the pay struture of midtier firms(BDO RSM GT) as compared to the big 4?
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Old 13-05-2012, 02:31 PM   #48
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I heard EY still got toil, PwC dun hab
EY got toil. PwC got better worklife balance and welfare. choose properly!
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Old 13-05-2012, 09:10 PM   #49
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EY got toil. PwC got better worklife balance and welfare. choose properly!
wats toil?
time off in lieu?
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Old 14-05-2012, 06:49 AM   #50
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EY got toil. PwC got better worklife balance and welfare. choose properly!
I just wanna know what is the welfare thing you all talking about cause I keep hearing about it.
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Old 14-05-2012, 10:41 AM   #51
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wats toil?
time off in lieu?
Yes. TOIL is time-off in lieu. Currently only EY has it, the rest have scrapped it since the economic downturn in 2008. However, the TOIL system is not equally rolled within the firm as well. Some department encourages its employees to charge more hours and utilise their TOIL earned, while some employees in other departments might not have the time to go on TOIL and therefore have to forfeit the TOIL earned previously. Therefore, whether TOIL is a benefit, it will depend on your department culture.

I just wanna know what is the welfare thing you all talking about cause I keep hearing about it.
Staff welfare can come in many forms, monetary or non-monetary.

- Monetary: Certain service line might declare more bonus than the rest, even within the same firm. Also note that EY's promotion and bonus period is in Sept/Oct, whereas the other 3 is in June/July. And this is an important consideration!! TOIL might not be attactive afterall.

- Non-monetary: It can come in the way of TOIL (e.g. in EY). Or department benefits where there are alot of teambuilding activities throughout the year or staff overseas trip (Company/department culture). It can also come in the form of staff support where the workload can be better managed and you can achieve your worklife balance. Some firms have the tendency to squeeze their employees dry, therefore you have to weigh the benefits yourself and know what you want in life. The term welfare should not be judged based on the company's profile, but probably on the department you want to work in. As mentioned above, even within the firm, the work procedures and culture might differ from the others.

Do some homework and talk to people in those department to get a better understanding of the work, benefits, remuneration before making an informed decision.

Good luck!
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Old 15-05-2012, 08:00 AM   #52
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Hi astroboy, do u know the current payscale in big 4 for the different level? Thanks.
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Old 15-05-2012, 08:51 AM   #53
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anyone knows what is it about TAS in PwC?

due dilligence work? good for career?
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Last edited by friendlyguy; 15-05-2012 at 08:54 AM..
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Old 15-05-2012, 08:54 PM   #54
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Hi astroboy, do u know the current payscale in big 4 for the different level? Thanks.
Associate 1/G2: $2,700 (for graduates)
Associate 2/G1: $3,100 and above (depending on your performance rating)
Senior 1: $4,000 and above (depending on your performance rating)

KPMG, add $200 to $300 (and less 1-day unpaid leave)
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Old 16-05-2012, 09:19 AM   #55
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I do hear pwc does Infact able to clock toil... Depending on job n manager...
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Old 17-05-2012, 04:38 AM   #56
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Hello,

Anyone know which firm hiring fresh grad for tax excluding big 4, GT, BDO, Chiolim.
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Old 17-05-2012, 10:03 AM   #57
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Hello,

Anyone know which firm hiring fresh grad for tax excluding big 4, GT, BDO, Chiolim.
you can try baker tilly
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Old 17-05-2012, 03:12 PM   #58
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LOL

i have been trying to get into Big4 for so long.. and i still don't get a reply from them..

feeling so demotivated

nevertheless, continue trying.
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Old 17-05-2012, 04:49 PM   #59
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LOL

i have been trying to get into Big4 for so long.. and i still don't get a reply from them..

feeling so demotivated

nevertheless, continue trying.
maybe you could give us a bit of background of yourself? education... yrs of experience etc
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Old 17-05-2012, 05:57 PM   #60
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maybe you could give us a bit of background of yourself? education... yrs of experience etc
me?

Last yr completed ACCA exams in June, prior to ACCA I already have a Degree in Info Systems (UOL)..

experience? --> all non-accounting related..

since last year graduated from ACCA examinations waited for Big 4.. den in the end no reply, so this year onwards start taking temp jobs to feed myself.. LOL

I rem someone mentioned age is a matter..i think i kena the age problem --> i am 29 this year liao.
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