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Big4 Internship

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[Big 4 Internship 2015][Test Content]
Source: a KPMG intern + PwC intern
NOTE:
+ Read the email regarding test invitation carefully and follow instructions
+ Arrive early, 15´ at least
+ Bring pens, calculator, ID
+ Essays: should be written in IELTS format (4 paragraphs: 1 introduction paragraph, 2 body paragraphs, and 1 conclusion paragraph).
+ Ref: http://www.shldirect.com/en-us/practice-tests/ (to practice) No. | Firm | Time | Content | 1 | KPMG | 40 min | 2 essaysTopic: important characteristics of a co-worker; different culture affect judgment; first impression on judging people; if receiving voucher from client causes unethical behavior. | 2 | PwC | 30 min | 1 essayTopic: pros and cons of mobile phone as a mean of communication; of online shopping. | 3 | EY | 120 min | 6 parts1) Accounting (focus on VAS-related questions)2) Auditing3) Tax4) Logic Test (IQ; find next number; missing word; A to B as C to D; there are 6 eggs in a basket, 6 persons, each takes one egg, how there still be an egg in a basket (answer: the last one takes the basket with the egg inside))5) Social knowledge (price of 92 gasoline, name of a student starting Hong Kong civil disobedience – Joshua Wong, EOY marketing – EOY stands for what, merge of bank, effective time when university entrance exam merges with high school graduation)6) 1 essayTopic: share your thoughts about air/water pollution; reform in Vietnam, what has done best. | 4 | Deloitte | 90 min | 5 parts1) Accounting (ACCA - F2 & F3)2) Auditing (audit opinion, general principles)3) Banking and Finance (interest rate, share price with growth rate, BOP, financial lease, operating lease, largest bank in terms of total assets and branches)4) Critical thinking (hint: abc… similar to 123... – find the rule; Bonnie´s father has 4 daughters name Chacha, Chichi, Cheche, the last one´s name (answer: Bonnie); literal thinking: explain differences between two sentences: “After 12 month, you can terminate the contract with a 2-month notice” and “You can terminate the contract after 12 months with a 2-month notice”; 7 ways to arrive to work quickly when missing bus for work other than calling a cab)5) 1 thesisTopic: The skills needed for a good auditor is much more than learning debits and credits, and completing checklists. |
[Big 4 Internship 2015][Interview]
Source: a KPMG intern + PwC intern
NOTE:
+ Read the email regarding test invitation carefully and follow instructions
+ Arrive early, 20min at least to make friends
+ Read every word in your CV carefully
+ Understand the topic, Clear layout, Note
+ Time keeper, leader (formal or informal, nominated or elected)
+ Do not be over-quite or show off
+ Play your roles precisely, (leader, time keeper, team members)
+ Eye contact, Clear voice, Body languages
+ Question to ask (should ask about the interviewer’s experience at the firm, the working environment, the task to be carried out as an intern, the measurement of performance, the career development at the firm, the chance to have a secondment, when the result will be announced, etc.)
+ Some articles to read:
1. Big 4 Accounting Firms: Pros and Cons http://big4playbook.com/accounting/big-4-pros-cons/ 2. How To Survive Big 4 Busy Season. http://big4playbook.com/accounting/big-4-busy-season/ 3. How to Become a Top-Rated Accounting Intern http://big4playbook.com/accounting-tips/internship/ No. | Firm | Content | | | | 1st Interview | 2nd Interview | 1 | KPMG | HR Interview15 min1 interviewerIn EnglishIntroduce about yourselfExperience as an intern at company A, what you have learntActivities at schoolWhy choose auditDifficulties when doing project and how to overcomeStrengths and weaknessesSharing about working at KPMG | Partner/Director Interview20-30 min1 interviewerIn EnglishWhy choose auditWhy KPMGWhich firms prefer among Big 4Differences in recruitment procedures among Big 4Characteristics – 3 words, reasonHow to balance between study and workIf job requires to work at weekends, at the same time with your studyPrefer team leader or member position in a teamDo you know any employees of Big 4, how they say about Big 4 and life of an auditorDrawbacks of auditingSharing about life of an auditor, KPMG working environment | 2 | PwC | Group Interview5 interviewers8 persons per group2 min for each to presentIn EnglishOrder: Tax-Audit-Advisory (one week for each department)Introduce about each memberTopic:How to raise funds for an university in deficit budgetLaunch operations in ChinaMaximizing long term profit for bank | Partner/Director Interview20-30 min1 interviewerIn EnglishRecruitment procedures among Big 4TranscriptWhich subject like best or least, reasonActivities in and outside schools, what do you learn from those activitiesDo you know any employees at PwCSharingSome candidates meet the interviewers challenging their skills and characteristics by complaining about their appearance (you should invest in your appearance more), telling a story of a sharp in Finding Nemo (sound irrelevant to the interview), showing your expression when get angry, etc. | 3 | EY | Final Interview15-30min2 partners /directorsin EnglishFSOHow do you feel nowAre you worried about the interviewHow do you think about your test resultWhy choose auditWhy FSOWhat learnt from the internshipWhat is the most important thing to make a lending decision (5C, Characteristics)FS includes, main items on BSProblem of bank (bad debts)What do you want to askMain tasks to carry as an intern at FSOChance to move from FSO to coreExperience of interviewer at EYCareer development at EYEmpoyee benefitsA director from banker to auditor, ask for reason why changeSecondmentCore | | 4 | Deloitte | Group Interview10 min2 audit managersdiscuss then present, can choose to present in English or Vietnamese (English is preferred)Result is announced right after the group interview, and then the successful candidates come to the final interview.Introduce about each memberWhat are characteristics of bank operations that have effect on audit proceduresPros and cons of bank M&AImpact of VAMC buys bad debtsWhat do you know about decision 15 | Final Interview15-25 min2 directors/ managersIn EnglishIntroduce about yourselfHow about your group discussionWhy choose auditPros and cons of bank M&ASharingAsk what you write on your CV |

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