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BIG 4| Interview Process | How I cracked all BIG 4 interviews | Interview tips| Chartered Accountant - YouTube
Channel: CA Mohit Patidar
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In journey of CA, CS
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When we are doing CA, CS
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Or looking for articleship after qualifying IPCC/Inter or CS Executive,
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then BIG 4 comes to our mind, many times.
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When we start looking for jobs, after becoming CA/CS
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we usually hear the names of BIG 4 again and again.
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Actually what is BIG4 exactly?
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For those who don't know, let me tell you
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BIG 4 is biggest four accounting firms
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which has been recognised all over the world
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for the various services they provide in the domain of
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auditing, accounting, consultancy, taxation and different kind of things.
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So, always when CA/CS aspirant
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when looks out for articleships, then it is the dream of almost 80-90% people
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to work with BIG4s.
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They dream of getting job and experiencing how it feels to work with BIG 4s.
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What I feel about my articleship and it's experience,
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I have already shared it in my previous video, I am giving the link in i button
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I will not be discussing those things again.
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But
BIG 4 still feels like sometimes to go there and see
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We have heard about loads of work and lengthy working hours,
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complex work and bigger assignments.
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Everyone thinks of experiencing so at one point or another.
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I also thought so about experiencing the same.
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But after clearing my IPCC exams
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I had decided that I don't want to go for BIG 4.
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I want to learn all kinds of work.
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I want to go through all the work a Chartered Accountant can do.
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So, I thought of opting out of BIG 4
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and just choosing a mediocre firm, which I have already briefed in that video as well.
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So. choosing BIG 4 doesn't came to my mind at that time.
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But, after completing CA, I thought about going to BIG 4.
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Why BIG 4 ?
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Because I dont't want to have in my mind that I cannot clear BIG 4 interviews.
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So, having that in mind
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I gave all interviews for all BIG 4s.
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I gave interviews for KPMG, EY, PWC and Delloite. and to be honest I cracked them all. And this is so amazing to tell you all
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I will teach you all how to clear these interviews through my videos.
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Let me brief you about how BIG 4 Interviews are conducted.
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First of all, there is a normal round where they check that
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whether you did dummy articleship ?
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Small and easy questions regarding your work, your articleship, what you learned
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about your practical exposure and what value you will add to the organisation.
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Such basic questions will be asked.
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If you qualify this,
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which is neither easy nor difficult , an average round,
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you sit straight to the second round, which is the Partner's Round.
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In partner's round, partners test your technical skills with their experiences.
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They will put you in some case study scenarios, which they might have faced earlier
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and asks what would you have done in such situation
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You are required to use your experience, your practical knowledge
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your academics and provide the answer,
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with which he will analyse whether you are qualified enough for the job or not.
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So, Second round is partner round.
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Now, if you qualify the second round,
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there is 90% chances that you will qualify for BIG 4.
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You will get an offer letter.
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However, before that, there is a HR round
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In HR round, they will ask some questions, will negotiate the salary.
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They will tell you about the firm's policies
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and after that, they will be satisfied that everything is good,
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they will provide the offer letter.
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If you want, you can accept the offer.
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If you decline the offer, this is not valid. There will be no contract.
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So, This is how interviews in BIG4 are conducted.
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This is how different rounds are conducted which you need to qualify.
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So, I want to give about the skills. How I managed to crack these interviews.
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I am sharing my experience and my journey.
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My very first interview was with EY for Internal Audit Department
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and at that time, I was really excited and confident
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that I will easily crack these because
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my communication skills, my soft skills, my academic records
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and my articleship records are pretty good and I will crack it easily.
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And the interview started.
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That day, I came to know what exactly an interview is.
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And then I went puzzled.
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I thought I knew everything.
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He asked me so deeply about Internal Audit. What is procure to pay?
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What is audit to cash? How is raw material procured?
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How is inspection done? How is stock verified?
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How will material bypassed?
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What checks are required to be placed?
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What verifications are required?
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My whole brain, after 45 minutes, was burned out.
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And I was thrown back to earth from Clouds.
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Then I realised, this is not how I would be able to crack these interviews.
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And then I realised what mistakes I made.
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First,
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I was a bit over confident earlier, which I eliminated .
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I thought that since the syllabus is so vast,
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they can ask anything in audit and I need to have answers for them.
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Then I adopted some tips.
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First, I wrote my introduction on a page (about 5 lines)
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and stuck it on my laptop screen that these are the points I need to speak
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because when you are nervous, what introduction you have planned for 3 minutes,
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But due to nervousness
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due to some ambiguity
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you are not able to deliver it properly.
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And because of that, you miss a lot of points.
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Therefore, it is important that
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you write a proper introduction for yourself on a page
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and stick it near your laptop screen and try to speak those points in 2-3 minutes.
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After that I thought, I need to learn one Ind AS in very detail
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and I decided that I will learn Ind As 116 thoroughly.
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and read every case study.
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I was experienced in that as I did one audit of listed client and implemented Ind as 116
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and I had decided that if I want to qualify in interviews,
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I need to prepare some important parts.
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So that, if they ask anything related to that, I would be 100% sure about it.
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I read every case study regarding IND AS 116
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