Q: Big4 - Yearly salary increment

I agree.

I pity those students who study hard in early life
Do well in O levels to go good JC.
Do well in A levels to go local U study accountancy
Do "moderately well" in local U to go Big 4

Malaysian graduate from Tunku Sunway Multimedia Universiti says HI!

Originally Posted by Unregistered

It is common for fresh grads to retract a signed contract with Big4?

yes, but if u retract, let them know early coz they need to hire new ppl.
i heard got people no show - meaning that they just dun come during their employment start date.
this will burn bridge.
so must tell them early and reason why. Just say u found a career that better suit your future goals.


if u r from local uni, the retraction rate is damn high. coz nobody wanna waste time in lousy company with lousy employees from all over the private uni and some diploma holders.
sry to say, i also want to work with more competent people with good work ethics.

Originally Posted by Unregistered

Better than an external audit if you hate to deal with numbers. worked in both EA and IA, all I can say is that the majority of my time in EA was spent on tying numbers and vouching (not 10 or 25 but rather 50 and above). Disgusting af. Ya everyone says IA limited opportunities here and there, but the thing is how much can a junior rank learn in EA with the current state of audit quality?????????

I can vouch that work produced in IA is way better than EA. EA has too many tasks too rush to complete where got the time to even double check own work LOL.

But the demand for internal auditor in the job market is too low. Cant go anywhere else except for IA roles once u leave big 4 IA. Mainly only listed co requires internal auditors and even tax have more exit opportunities compared to IA.

Internal audit mainly deals with internal controls and have to write tons of IA reports saying that there are control deficiencies in this and that.. But honestly, who reads/cares about IA reports.. shareholders dont even care about the IA report

But the demand for internal auditors in the job market is low. Mainly only listed co requires internal auditors and even tax have more exit opportunities compared to IA. Besides, after leaving big 4 IA, cant really venture to other roles except for IA.

Internal audit mainly deals with internal controls and have to write tons of IA reports saying that there are control deficiencies in this and that.. But honestly, who reads/cares about IA reports.. shareholders dont even care about the IA report

Originally Posted by Unregistered

But the demand for internal auditors in the job market is low. Mainly only listed co requires internal auditors and even tax have more exit opportunities compared to IA. Besides, after leaving big 4 IA, cant really venture to other roles except for IA.

Internal audit mainly deals with internal controls and have to write tons of IA reports saying that there are control deficiencies in this and that.. But honestly, who reads/cares about IA reports.. shareholders dont even care about the IA report

then how sia? accounting seems very dead on career path.
HELP. This is ruining my future.
I really dk where i shud go. but i really hate EA.
I feel IA is ok for me but i dun want to do for long term.
I probably wanna jump to risk after IA.
investment banking and corporate finance is a nono for me, i dun like it too.
I hate tax.

Idk where i can go.

Originally Posted by Unregistered

then how sia? accounting seems very dead on career path.
HELP. This is ruining my future.
I really dk where i shud go. but i really hate EA.
I feel IA is ok for me but i dun want to do for long term.
I probably wanna jump to risk after IA.
investment banking and corporate finance is a nono for me, i dun like it too.
I hate tax.

Idk where i can go.

same here. more likely I would either go for IA/compliance/governance/ ESG or process/operation-oriented roles. exit opportunities got so limited for IA meh? doubt so.

Originally Posted by Unregistered

same here. more likely I would either go for IA/compliance/governance/ ESG or process/operation-oriented roles. exit opportunities got so limited for IA meh? doubt so.

oh yes. compliance can go from IA.
btw i feel ESG is so freaking overrated.
Only big companies wants ESG. Usually smaller companies will combine it with risk or finance department.

ESG is a cost centre. companies will want to reduce their cost.
But ESG is also a hot topic but companies are unwilling to spend on these areas.
I hate how ISCA keep promoting ESG and sustainability when the demand is so low. Mainly is just being over hyped.

im sad.

Originally Posted by Unregistered

then how sia? accounting seems very dead on career path.
HELP. This is ruining my future.
I really dk where i shud go. but i really hate EA.
I feel IA is ok for me but i dun want to do for long term.
I probably wanna jump to risk after IA.
investment banking and corporate finance is a nono for me, i dun like it too.
I hate tax.

Idk where i can go.

Accounting path is quite standard usually. U need to think what u want to do in the long run. It is okay if u wanna do risk advisory as long as u know your long term plan is this path. If still not sure what to do, better dont do a specialised path like IA if not it is hard for you to switch career paths/roles in future

Originally Posted by Unregistered

same here. more likely I would either go for IA/compliance/governance/ ESG or process/operation-oriented roles. exit opportunities got so limited for IA meh? doubt so.

When we talk about exit opportunities we are talking about the potential roles u can do after IA. IA is just about internal control systems of a company and its exit roles are mainly compliance/internal audit. Basically, if u are from IA, u are sort of locked in for compliance roles and u cant go for other finance roles like FP&A, CFO, accountant.

But yeah if u are very sure that u want compliance roles as your end game. Then is okay to do it now but just take note the market for IA roles are not as huge because these roles are not required in all companies unless u are listed.

why do b4 brand themself as risk advisory if all they do is internal audit?