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Risk and Advisory Question (Kamran Bhai Reply) - Printable Version

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Risk and Advisory Question (Kamran Bhai Reply) - scorpian - 07-25-2010

Hi

Can anybody please tell me that in Big4 which areas are examined for the interview regarding risk and advisory department?

Please reply me in detail

Thanks


- kamranACA - 07-27-2010

Risk Advisory is a very vast field; yet a few points are mentioned.

You need to improve your quantitative techniques (financial math specially involving DCF, annuities, discounting, compounding, time series, sensitivity analysis etc); a very good grip on the laws you have studied e.g. Companies Ordinance 1984, Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Ordinance, 2002, CCP Ordinance, tax laws etc; strong knowledge of auditing techniques, a good hand-on exposure of computers specially of excel and power-point etc; good communication and inter-personal skills; and a very updated knowledge on economic and financial indicators, market drivers in different sectors, current changes and all general affairs specially pertaining to business or having an impact thereon.

I hope some of the stuff would be understandable.

Regards,




- WARDAH - 07-27-2010

hahahaha daikha maira nara "fit n hit" tha. . .woi hua na


- scorpian - 07-28-2010

Mr kamran the stuff which u mention here are not wholly covered by ACCA syllabus so if possible will u please tell me the sources by which i can prepare my self ? My senior told me that grip the knowledge about banking as much as you can


Reply me soon

Thanks


- kamranACA - 07-28-2010

Scorpian

I wonder if ACCA does not teach you financial maths and basic stats, communication and interpersonal skills. I believe you do study this all in your ACCA.

As far as specific Pakistani corporate laws are concerned log on to www.secp.gov.pk and download all the Ordinances, Rules etc you require (some mentioned above). This is not too much to read. I specifically mentioned only three most discussed statutes.

For current affairs, economic and financial indicators etc adopt a habit to watch Business Progarms on TV Channels and read the financial press published in Business recorder or Dawn etc. For more details you can go to Monetary and Fiscal Policies and other such enactments (most of them would be available at SBP's website). However, if you don't affaord to go to such a detail, ignore it and keep an eye on current affairs and business programs/press.

Hope you will find it understandable.


Regards,