Finished 3 year ACA with PwC Audit Dept - ask me anything Watch

Smile0127
Badges: 0
Rep:
?
#261
Report 4 years ago
#261
If exam qualified, I thought there will be some salary increase, at least some accouting firms do that before the three years training contract is over and ACA qualified.
0
reply
simrankx
Badges: 0
Rep:
?
#262
Report 4 years ago
#262
Hi
Which office in London did you work for, and what type of clients did you audit?
0
reply
snakesnake
Badges: 10
Rep:
?
#263
Report 4 years ago
#263
(Original post by Smile0127)
If exam qualified, I thought there will be some salary increase, at least some accouting firms do that before the three years training contract is over and ACA qualified.
Not necessarily. Though this can vary from firm to firm, one of the Big Four does it so that everyone across the firm is promoted at the same date (which is when the salary rise kicks in) and the uplifted salary is paid out a month later including a month of backdated salary. So in fact you get your higher salary later than when you exam qualify.
0
reply
samcie83
Badges: 0
Rep:
?
#264
Report 3 years ago
#264
Hi.

If there is 1 purchase order and 1 line for services provided, can i put 2 invoices together as 1? The system i use cant part pay.
Im being told that this has been done for years, and as im new to the Company, i should just do it.
Im from a financial background, and im 99% certain that i cant do this. If im correct, id need official proof as id be changing the company process!!
Please help!!
Thanks
0
reply
mattylewis11
Badges: 1
Rep:
?
#265
Report 3 years ago
#265
Hi Chris,

Just sent you a private message!

Cheers

Matt
0
reply
r_mar
Badges: 0
Rep:
?
#266
Report 3 years ago
#266
I'm starting my PwC assurance internship this summer at one of the regional offices. Providing that I mention my preferences during the internship, is it possible to be offered a grad position at a different office? Preferably I would like to work in North America, how likely is this?
0
reply
Yolanda Hao
Badges: 0
Rep:
?
#267
Report 3 years ago
#267
What is the key skills that you feel you'll need in auditing in the current business climate, and how you've demonstrated and built these e.g. through your academic or work experience?
0
reply
mo2
Badges: 3
Rep:
?
#268
Report 3 years ago
#268
(Original post by Yolanda Hao)
What is the key skills that you feel you'll need in auditing in the current business climate, and how you've demonstrated and built these e.g. through your academic or work experience?

Leadership, teamwork, communication, interpersonal skills, commercial awareness etc

Tou build it up through volunteering , jobs or doing courses in uni like cws and extra cirriculum activities!
0
reply
shay_5293
Badges: 1
Rep:
?
#269
Report 3 years ago
#269
How did yourself and other graduates in your intake, find the exams at the knowledge stage when seeing it for the first time.
0
reply
mo2
Badges: 3
Rep:
?
#270
Report 3 years ago
#270
our first exam is in 3/4 weeks time. I did Accounting at Uni, so I have 6 exemptions and I am only doing the mocks for accounting and tax!
0
reply
Faam991
Badges: 0
Rep:
?
#271
Report 3 years ago
#271
Hello,

I'm will try to keep it short.

So I come from Portugal and I did a university degree in Management which prepare us for a equivalent of the ACA qualification, but the situation in Portugal is really bad for finance, so bad that a professional accountant ( not chartered ) gains less salary than a waiter. It's really crazy and upset for me, so I came to London to be a part of this prestige accountant qualification. I have already started has an independent student because I had no response from training agreements within a few months of applications.

Is there any advice for me that you can give it for free?

I really want to be prepare and all of this is very new for me. Accountancy is my field and I have worked as an accountant before so I know this is very good career decision.

Many thanks to you and the posts I found it here.

Regards,


Fabio Martins





(Original post by chris_harvey)
Hi all,

I started training for my 3 year ACA in Oct 2007 with PwC London in their Audit Dept and managed to qualify in Oct 2010.

If anyone has any questions feel free to ask me

Why I am doing this? I guess I might as well put my 3 years to some use! hehe (currently self employed and not using my ACA atm)

Chris
0
reply
vannie_i
Badges: 0
Rep:
?
#272
Report 3 years ago
#272
Hey Chris and Sam,
I've just been asked for a telephone interview for auditing and assurnce in one of these offices but not sure what to base my decision on. Please help, thank you

NewcastleSouthamptonSheffieldBel fastNottinghamLeicesterYorkDurha mAberdeenSwanseaHullLeeds
0
reply
swatiuk10
Badges: 0
Rep:
?
#273
Report 3 years ago
#273
(Original post by chris_harvey)
Hi all,

I started training for my 3 year ACA in Oct 2007 with PwC London in their Audit Dept and managed to qualify in Oct 2010.

If anyone has any questions feel free to ask me

Why I am doing this? I guess I might as well put my 3 years to some use! hehe (currently self employed and not using my ACA atm)

Chris
Hello Chris,

Congrats !!! on completing the certification with a renowned firm!!... I am an undergrad and looking for intern ships. could you please recommend any practice websites or books that would come to an aid when giving physcometric tests also tips about the interview process.

Thanks a lot
0
reply
AnneKO
Badges: 0
Rep:
?
#274
Report 2 years ago
#274
Hallo Chris and team!

I am Anne and would like to ask a quick audit question please based on some financials I have seen?

1) On the SoFP, does share capital represent issued and fully paid up shares or are non-issued also meant to be reflected in financials?

2) Can revenue reserves be 'converted' to share capital?

3) If a non-listed company first raises shares say $10M at $1 dollar, then additional $28 and $5 (ie additional 5.6M shares) how will that be reflected on the SoFP?

I'd appreciate your insight?

Thanks.
0
reply
ShinLee
Badges: 3
Rep:
?
#275
Report 2 years ago
#275
Hello.

I want to ask whether should I finish the ACCA before I go working in PwC.

I just graduated from one of a British University, and I am heading to my Master course in Manchester Business School for 2016/17.

I have 7 exemptions of papers in ACCA from my bachelor Degree, should I finish the rest? I know that in PwC, I will be required to study for ACA qualification, some of my friends said there is no point to get both of ACA and ACCA.


Posted from TSR Mobile
0
reply
capiyush0206
Badges: 0
Rep:
?
#276
Report 2 years ago
#276
Hi Chris, I am an Indian Chartered Accountant and I have one year of experience in KPMG India and currently working with EY.
I am thinking for Pursue ACA (ICAEW).
is this course will increase my knowledge and earning potentials and what is the Job opportunities in LONDON?
Can you please tell me the average pay in Big 4 after becoming the member of ICAEW?

Thanks in Advance.

CA Piyush Jhanwar
India
In
0
reply
mnak123456
Badges: 2
Rep:
?
#277
Report 2 years ago
#277
How much do you earn not to be rude
0
reply
ALI_123
Badges: 3
Rep:
?
#278
Report 2 years ago
#278
(Original post by chris_harvey)
Hi all,

I started training for my 3 year ACA in Oct 2007 with PwC London in their Audit Dept and managed to qualify in Oct 2010.

If anyone has any questions feel free to ask me

Why I am doing this? I guess I might as well put my 3 years to some use! hehe (currently self employed and not using my ACA atm)

Chris
Was you at uni while studying for the ACA exam?

Also, how can I link accounting and finance to real life financial situations such as Brexit?
Thanks
0
reply
TCA2b
Badges: 19
Rep:
?
#279
Report 2 years ago
#279
It'll probably have more of a bearing on audit than tax, barring perhaps VAT.
0
reply
MMMhhhhhh
Badges: 0
Rep:
?
#280
Report 2 years ago
#280
(Original post by r_mar)
I'm starting my PwC assurance internship this summer at one of the regional offices. Providing that I mention my preferences during the internship, is it possible to be offered a grad position at a different office? Preferably I would like to work in North America, how likely is this?
I believe offices is possible but depends on demand and if the interns in that office are staying on. However, I don't know about changing country. "Big Four" USA or "Big Four" CA are quite different from "Big Four" UK and kind of "seperate" entities in themselves. I also guess they have a different recruitment process, so that may cause some difficulties.
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Have you registered to vote?

Yes! (213)
39.23%
No - but I will (38)
7%
No - I don't want to (36)
6.63%
No - I can't vote (<18, not in UK, etc) (256)
47.15%

Watched Threads

View All