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VIRTUAL COMPANY REPORT

I. Ernst & Young Global Limited Company:

1. Introduction:
Ernst & Young (EY) is one of the world's most prestigious accounting and consulting firms. It
competes with KPMG and Deloitte at the top. The purpose and goal statements of EY have a lot
to do with its success in the professional services area. EY has prioritized growing together with
the people it serves since 1989, demonstrating its dedication to the focus of these two corporate
statements.
EY Vietnam, a member of EY, was founded in 1992 and is the first firm in Vietnam to have
100% foreign investment in auditing and consulting services. Because of our deep knowledge
and understanding of the Vietnamese business environment, as well as our experience and
capability in advising, we have been acknowledged as a leading credible business consulting
firm since then. Our staff provides exceptional assistance, and we provide extra value to our
consumers. Our common values, drive every member of EY across the world to do the
appropriate actions, and our personal and professional dedication to flawless service quality
binds us together. in each and every action. We are devoted to offering excellent services that
meet the worldwide standards that our clients demand in Vietnam, where we have over 1,400
domestic and international professionals.
In Vietnam, member firms of the worldwide EY network include:
EY Vietnam Co., Ltd (EY Vietnam), EY Vietnam Law Firm (EY Law Vietnam), EY Vietnam
Consulting Joint Stock Company (EY Consulting VN), Security Service Company Limited (EY
Vietnam Cybersecurity) (EY Vietnam Cybersecurity).
2. Vision of the company:
"We're developing the workplace of the future at EY," says the vision statement, "a place that's
smarter, more inclusive, more dynamic, and more adaptable." The emphasis of this statement is
on the provision of better working environments as a component of the company's overall
growth. The following elements are included in the statement:
1. Targeting workplaces
2. Improving the future
EY recognizes the value of motivated staff. It capitalizes on this information by consistently
upgrading the experiences of its experts, which results in the company's excellent success. As a
result, customers are also satisfied.
3. Value of the company:
"Future-mindedness, integrity, respect, and teamwork" are among EY's fundamental principles.
Because of the originality and quality of its services, EY has become a sought-after firm with
these qualities. This corporation's culture, which is still developing, has the potential to be great
for future success.
4. Mission of the company:
The EY organization's mission statement is "building a better working world," and it leads them.
Although this may appear to be a cliche, it is particularly apt for an accounting and consulting
organization. The firm's knowledge and analysis give assistance when making decisions that will
influence the global economy and the world's future. The business understands the importance of
exceeding its clients' expectations since a single inaccurate figure or incorrect analytical data
might spell disaster for an organization, institution, city, nation, or global economy. The
organization's mission statement makes it abundantly apparent that the corporation sees itself as
a firm that provides services that will assist make the world a better place in the short and long
term. This could be accomplished through its prudent accounting style or through its consulting
services, which will provide analytics and train men's leaders with the tools they need to make
informed decisions about economic figures and their implications for better governance and the
creation of a better world.
This goal statement is bold, but it demonstrates a corporation that is confident in its services and
understands its market worth. It understands that functioning and a highly efficient world can be
operated using its services. This can be done directly via the use of its own services or indirectly
through the use of its resources. The company is likewise dedicated to improving the world
rather than focusing just on profit or brand growth. This contributes to its reputation as a
combative corporation rather than just another money-hungry multinational. This means it will
do business in accordance with international best practices to guarantee the world is heading on
the correct path. It also implies that it will implement programs and services that use the finest
economic methods possible in order to fulfill its objective of making the world a better place.
5. Organization of the company:
EY has a normal hierarchical structure that starts with the board of directors, much like any other
corporation.
- The board of directors:
To begin, the board of directors is responsible for the vision of its shareholders. In order to keep
the organization functioning effectively, they also develop and adopt policies for its
management. They are in charge of the firm and how it is operated. They assume the company's
ultimate leadership position so that employees have someone to look up to and follow. Working
on the board of directors entails a variety of responsibilities. They have a position of power in the
corporation. They deal with all of the company's essential challenges. They also make certain
that the organization has all of the resources it will require. They review their strategies and
make critical decisions concerning their business's future.
- The chairman:
The board of directors is led by the chairman. They are in charge of overseeing the board of
directors' activities and decision-making. They are in charge of the board of directors and work
on strategic issues. They make certain that the board of directors is capable of leading the
organization. The board of directors elects the chair to lead them. They also assist in the planning
of the agenda. The chair of the board of directors protects the interests of both shareholders and
management. They keep things functioning smoothly by ensuring openness.
- The CEO:
The chair and the board of directors appoint the CEO or chief executive officer. They are the
company's senior executive officers and are in charge of the company's operations. They serve as
a link between the executive team and the board of directors. They also serve as the company's
public face. Along with overseeing and administering the company's day-to-day operations, the
Chief Executive Officer is responsible for ensuring that the board's vision is carried out
effectively. The CEO's responsibility in a high-level firm like Ernst & Young would be to make
top executive decisions and develop strategies to achieve overall growth. They have a more
hands-on position than the board of directors, which is why the Chief Executive Officer is
frequently referenced anytime the firm is mentioned.
- The Company Secretary:
Their job in the organization is to make sure that the board's decisions are carried out smoothly.
They ensure that all administrative tasks are completed efficiently. They inspect the company's
operations and verify that everything is running well. They have a number of responsibilities as
the business secretary. As the company secretary, they will, for example, have to communicate
with the firm's shareholders. They're also in charge of transmitting messages during board
meetings and other large gatherings. They're also in charge of scheduling those meetings. They
also look after the corporate seal and statutory documents.
- The area management partner:
EY has four separate designations for various areas. Each of these regions has its own
management team in charge. The region management team is also represented on the global
executive board. Each of these groups has a leader who is trusted and given authority to
make choices as they see fit. Any choices they make must be consistent with the principles
and values established by the board of global executives.
After all of this, the majority of the positions remain unchanged. Under each branch, they
will have an operations team, an audit team, and so on, all of which will essentially work in
the same way. An employee's responsibilities will remain the same regardless of the location
or branch of the organization they work in. Analysts, consultants, managers, and senior
managers, for example, will all be present. A firm like EY, they have specified duties that
you must carry out in order to keep the company going.
If you are new to consulting, you may need to start as an associate consultant or a consultant.
You will begin as an associate consultant and will be promoted to a consultant after twelve
months of work experience. As a consultant or associate consultant, you'll be doing a lot of
analytical work.
You will be promoted to senior consultant after this. In this position, you will have the
opportunity to work autonomously, develop your knowledge, and assist customers in
whatever way they require. It's the start of your new position as a leader.
You may be promoted to manager in the future when you will have management
responsibilities and work on strategic problems. You'll be able to lead a team and deal with
clients once more. Senior consultants are the next step up. You will also receive leadership
training, among other things.
Following that comes the Associate Director. Customer relations and project management
will be the responsibility of the associate director. You'll be in charge of sales as well as
acting as a mentor for consultants.
Partner is one of EY's highest-ranking jobs. You will be responsible for client interactions as
well as bringing on new projects in this job. You'll also be responsible for project
management and assisting managers and executive directors on a variety of initiatives.

II. Applying for a job:

1. SWOT analysis:
SWOT personal analysis:
a. Strengths:
- Having working experience as an audit assistant at UHY Ltd Company.
- Proficient in using Microsoft Word as well as Microsoft Excel.
- Having an ACCA and Microsoft Office Specialist certification (MOS).
- Good command of spoken and written English (IELTS 6.5).
- Having good interpersonal, analytical and critical thinking skills.
- Having good analytical, report- writing and presentation skills.
- Ability to work under pressure.
- Passion for new challenges and being hungry for new opportunities.
b. Weaknesses:
- Not excellent time management and prioritization skills.
- Lack of focus on finding a sustainable life-work balance.
- I need to improve my health to adapt to the change in weather.
c. Opportunities:
- Having more specialized skills in external audit fields.
- Hardworking individuals can benefit from mediocrity in the job market.
- Expanding more relationships by working with clients and building trust with them.
d. Threats:
- Covid 19 pandemic has impacted the economy and made many businesses rethink their
strategies and cut down the employers. In the financial service fields, there is a lot of
demand for jobs.

SWOT company analysis:


a. Strengthshts:
- Forbes magazine ranks EY as the eighth largest private corporation in the United States.
- EY has a worldwide footprint of more than 140 countries.
- They were ranked first in Forbes magazine. The Greatest Accounting Firms to Work For
Workforce is made up of the best talent from all around the world.
- Ernst & Young has a powerful staff of over 150,000 people.
- EY provides skilled assurance, tax advice, consultancy, financial advice, and legal
services.
- Mergers and acquisitions have bolstered the brand's standing in the market.
- EY's marketing activities aimed at businesses and corporations have been a big success.
- Sponsorship of numerous worldwide events in sports, knowledge, and other areas gives
the company a large prominence.
b. Weaknesses:
- Strong competition from other major players means growth is slow for EY.
- Companies putting up their own research centers have a negative impact on the company.
c. Opportunities:
- EY has a lot of potential in emerging markets.
- The more money Ernst & Young invests in infrastructure, the more clients it will attract.
- Companies are always on the lookout for consultancy services.
- EY's position can be strengthened by acquiring smaller consulting businesses.
d. Threats:
- Many lawsuits have purportedly been filed against them.
- The consultancy business of EY might be impacted by the worldwide recession.
- The impact of fluctuating global currencies on business is significant.
- Increased competition may cause Ernst & Young to lose market share.

2. Experienced Staff Audit Services (Core Assurance)


 Hanoi Office Permanent Full-time
At EY, we want you to be yourself. We want you to bring your intelligence, energy and integrity
to our business. Think how much further you’ll go surrounded by people who will encourage you
to express your ideas and who will value your opinions.
Starting a career with EY is your opportunity to receive early responsibility, support and training
as you set out to achieve your career ambitions. You will receive exposure to some of our largest
clients and projects, from entrepreneurial start-ups to multinationals, both locally and globally.
You’ll also receive guidance on how to help them manage risks, address issues and cacapitalizen
opportunities.

The opportunity:
Our Assurance group is one of the most trusted, respected and influential organizations in the
industry. As part of our team, you will provide peace of mind to clients by using your skills and
experience to give companies, investors and regulators confidence in the validity of financial
statements and business-critical information or processes.
Join our External Audit team and you will help our clients meet their reporting requirements by
providing an objective and independent examination of their financial statements, timely and
constructive discussion with management on accounting and reporting matters, and a robust and
clear perspective to audit committees.
You will experience ongoing professional development through diverse experiences, world-class
learning and individually tailored coaching. That’s how we develop outstanding leaders who
team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in
building a better working world for our people, our clients and for our communities. Sounds
interesting? Well, this is just the beginning. Because whenever you join, however long you stay,
the exceptional EY experience lasts a lifetime.

Job description:
As an Audit Assistant in our Core Assurance team non-financial services field, you will work on
various audit engagements in different industry sectors in which Ernst & Young is acknowledged
as a market leader:
- Develop an understanding of the audit client’s business
- Interact with the clients in order to collect all the necessary data/information, set up and
maintain audit files, prepare leads, etc.
- Support the planning, execution and delivery of assurance engagements
- Clearly and accurately document the execution of specific audit procedures as defined by the
engagement objectives, audit client's engagement history, and planned audit approach
- Recognize potential audit issues or unusual relationships from basic analysis of the financial
statements and communicate them to the assurance team

Job requirements:
To qualify for the role you must have
- At least an average distinction/ 2nd upper degree in accounting, auditing, finance or a related
field
- At least 1 year of experience working as an Audit Assistant in other Big4 firms or local
Auditing firms.
- Individuals with post-graduate degrees and / or professional qualifications are encouraged to
apply

You are required to include:


- A cover letter,
- Most updated resume,
- Academic transcripts (secondary & tertiary),
- Certificates, testimonials and
- Other relevant supporting documents with your application to be considered.

Benefits:
You offer a competitive remuneration package where you’ll be rewarded for your individual and
team performance. Plus, we offer:
- Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We’ll provide the tools and flexibility, so you can make a
meaningful impact, your way.
- Transformative leadership: We’ll give you the insights, coaching and confidence to be the
leader the world needs.
- Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your
voice to help others find theirs.

3. Matching analysis:
- I have more than 1 year of experience, specifically 3 years of working experience as an
audit assistant at the UHY Ltd company.
- I have graduated from International Scholl- Vietnam National University with merit
certification in accounting, analyzing and auditing.
- I have an ACCA and Microsoft Office Specialist certification (MOS).
- I can proficiently use Microsoft Word as well as Microsoft Excel.
- I can work full-time as well as work under pressure.
I believe I am qualified for this position because my professional aim is to towards a positive
working environment, which is reflected in EY's tagline, ‘Building a Better Working World’.
And if I have a chance to work at EY, I am confident that I will be able to put my skills and
expertise to good use in meeting client needs and assisting other sections of the firm.

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