rubberdam123
Badges: 0
Rep:
?
#81
Report 7 years ago
#81
Going to be applying for big 4 audit internships
Will there still be places in London offices if i apply around mid september/ start of october?
0
reply
tradinginvestmen
Badges: 0
Rep:
?
#82
Report 7 years ago
#82
Doesn't your finance soceity give you this information?
0
reply
tradinginvestmen
Badges: 0
Rep:
?
#83
Report 7 years ago
#83
I find that my university finance soceity does a good job at helping their members. I'm a student at Imperial College and talking to my friends at other universities, the finance societies are more developed at London universities, they've even joined this global finance soceity called GIUP students, which started in consultation with student finance soceity presidents around 2 years ago.
0
reply
Ape Gone Insane
Badges: 15
#84
Report 7 years ago
#84
KPMG looking at cutting 3% of their UK worforce apparently, that seems worrying.
0
reply
partoftheweekend
Badges: 12
Rep:
?
#85
Report 7 years ago
#85
(Original post by Ape Gone Insane)
KPMG looking at cutting 3% of their UK worforce apparently, that seems worrying.
Redundancies aren't being made from the new graduate intake. Still it doesn't bode well. Hopefully this is as bad as it gets.
0
reply
M1011
Badges: 16
Rep:
?
#86
Report 7 years ago
#86
(Original post by Ape Gone Insane)
KPMG looking at cutting 3% of their UK worforce apparently, that seems worrying.

(Original post by partoftheweekend)
Redundancies aren't being made from the new graduate intake. Still it doesn't bode well. Hopefully this is as bad as it gets.
Definitely worrying. Would be interesting to know what percentage of a firms profit (not revenue) come from each service line, because some of the articles on Accountancy Age make it sound like Audit and CF don't drive profit (leading to the assumption that consulting and tax is where the money is coming from).

Out of interest, does anyone know if the big 4 charge more for audits then say a 20-10 ranging firm? Are they cheaper (economies of scale) or more expensive (brand image)?
0
reply
DaneCook
Badges: 13
Rep:
?
#87
Report 7 years ago
#87
(Original post by M1011)
Definitely worrying. Would be interesting to know what percentage of a firms profit (not revenue) come from each service line, because some of the articles on Accountancy Age make it sound like Audit and CF don't drive profit (leading to the assumption that consulting and tax is where the money is coming from).

Out of interest, does anyone know if the big 4 charge more for audits then say a 20-10 ranging firm? Are they cheaper (economies of scale) or more expensive (brand image)?
Thought you were at Deloitte mate?
0
reply
M1011
Badges: 16
Rep:
?
#88
Report 7 years ago
#88
(Original post by DaneCook)
Thought you were at Deloitte mate?
I will be in a few weeks time

Just wondering about the profitability of the service lines and whether the big 4 are actually seen as prestigous by ftse 100 / ftse 250 companies (hence all of them using the big 4 near enough), or if we're actually just the cheapest option!
0
reply
Narcissist
Badges: 12
Rep:
?
#89
Report 7 years ago
#89
(Original post by M1011)
I will be in a few weeks time

Just wondering about the profitability of the service lines and whether the big 4 are actually seen as prestigous by ftse 100 / ftse 250 companies (hence all of them using the big 4 near enough), or if we're actually just the cheapest option!
Most smaller firms wouldn't realisitically be able to audit a FTSE 100/250 client, they would be unlikely to have the resources and there's also rules about the % of income that can come from a single client. Some firms would use audit to lowball clients and pick up fees elsewhere but that's being clamped down on.
0
reply
8inchestall
Badges: 0
Rep:
?
#90
Report 7 years ago
#90
got an interview for PWC assurance next month, any pwc-ers here doing assurance could talk to me about what they do on a day-to-day. Ideally my aim is to get into their shared-schemes for forensic services...any tips i could wow the interviewer (first interview) with? I'm getting nervous about not prepping correctly!!

personal experiences would be great
0
reply
Regent
Badges: 0
Rep:
?
#91
Report 7 years ago
#91
How's everyone doing for accomodation? Think it's kind of lame none of the Big 4 pay some kind of relocation allowance. I'm not sure I can afford putting down a deposit and the first 6 weeks rent which most places are asking for.
0
reply
Narcissist
Badges: 12
Rep:
?
#92
Report 7 years ago
#92
Thankfully I've got really generous parents who were willing to loan me the deposit for my place and I had enough saved up to pay the rent myself. No idea what I'd have to do if that wasn't the case. I'd probably look at a short term sublet instead as they tend not to ask for big deposits and you can pay weekly.
0
reply
M1011
Badges: 16
Rep:
?
#93
Report 7 years ago
#93
(Original post by Regent)
How's everyone doing for accomodation? Think it's kind of lame none of the Big 4 pay some kind of relocation allowance. I'm not sure I can afford putting down a deposit and the first 6 weeks rent which most places are asking for.
Sorted mine now in Stratford. 1.1k a month for a 1 bed (ridiculous) but splitting that two ways.

Does your firm offer an interest free loan? Deloitte give grads a 7k loan in their first pay cheque, so technically you only have to front the deposit for a few weeks until you get paid. Imagine all the firms do similar. Consider an arranged overdraft (should be able to get an interest free graduate one)? Also are you sharing with others? Makes things much cheaper. Don't got near those 'short loan' companies with their 32987408412% annual interest!
0
reply
S
Badges: 13
Rep:
?
#94
Report 7 years ago
#94
Good to see you've sorted out accommodation. I'm based in Stratford now too, it's great being just 5 minutes away from Westfield. £1.1k is good between two.
1
reply
M1011
Badges: 16
Rep:
?
#95
Report 7 years ago
#95
(Original post by S)
Good to see you've sorted out accommodation. I'm based in Stratford now too, it's great being just 5 minutes away from Westfield. £1.1k is good between two.
Yea on the whole I'm happy with it. Transport links are great and the Westfields is huge! From what I'm told 10 years ago Stratford wasn't a nice place, but the Olympics investment really seems to have changed that. Everywhere you go is a new apartment building! High street is pretty comprehensive and a few big supermarkets within 5-10 mins of station.
0
reply
GR3YFOXXX
Badges: 13
Rep:
?
#96
Report 7 years ago
#96
(Original post by M1011)
I will be in a few weeks time

Just wondering about the profitability of the service lines and whether the big 4 are actually seen as prestigous by ftse 100 / ftse 250 companies (hence all of them using the big 4 near enough), or if we're actually just the cheapest option!
Our fees are generally much higher. I don't work in assurance, but with Tax compliance our fees are higher than anyone outside the Big 4. It's pretty much the same for all service lines.

That being said, sometimes we do ridiculously low fees for compliance if we are making a fortune with advisory work. Kind of like a loss leader.
0
reply
monk_keys
Badges: 16
Rep:
?
#97
Report 7 years ago
#97
(Original post by M1011)
Yea on the whole I'm happy with it. Transport links are great and the Westfields is huge! From what I'm told 10 years ago Stratford wasn't a nice place, but the Olympics investment really seems to have changed that. Everywhere you go is a new apartment building! High street is pretty comprehensive and a few big supermarkets within 5-10 mins of station.
The burrito bar in there is v. good, check it out.
1
reply
DaneCook
Badges: 13
Rep:
?
#98
Report 7 years ago
#98
(Original post by Regent)
How's everyone doing for accomodation? Think it's kind of lame none of the Big 4 pay some kind of relocation allowance. I'm not sure I can afford putting down a deposit and the first 6 weeks rent which most places are asking for.
Yeah I reckon the lack of relocation bonuses is quite tame. But I think the big four definitely offer some sort of interest free grad loan (7k max), EY definitely do, it's taken out of your wages over 48 months. Deloitte do it as well, not too sure about KPMG and PWC though.
0
reply
Tokyoround
Badges: 13
Rep:
?
#99
Report 7 years ago
#99
You grads should be starting soon right? Excited? Got all your shiz together?

I'm being kicked off my current floor in the coming weeks to make room as it seems like every team here is expanding. Losing my panorama view out the window :cry:



(Original post by DaneCook)
Yeah I reckon the lack of relocation bonuses is quite tame. But I think the big four definitely offer some sort of interest free grad loan (7k max), EY definitely do, it's taken out of your wages over 48 months. Deloitte do it as well, not too sure about KPMG and PWC though.
Yes they all offer loans I believe
0
reply
M1011
Badges: 16
Rep:
?
#100
Report 7 years ago
#100
(Original post by monk_keys)
The burrito bar in there is v. good, check it out.
Will do :bandit:
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top

What's your favourite genre?

Rock (201)
23.96%
Pop (208)
24.79%
Jazz (33)
3.93%
Classical (46)
5.48%
Hip-Hop (162)
19.31%
Electronic (57)
6.79%
Indie (132)
15.73%

Watched Threads

View All