ICAEW-MACFIS Business Challenge 2018

Date: 25th March 2018
Time: 11:00 a.m.- 6 p.m.
Venue: Chartered Accountants Hall, Moorgate, London

This business challenge was organised by ICAEW Malaysia and MACFIS. This year, the participating companies are PwC, Deloitte, KPMG, EY, Maybank, Mah Sing, UEM and Sapura Energy. 22 teams and 28 individuals signed up and 14 teams were shortlisted for the business challenge after their CVs were screened.

Registration started at 11a.m. Non- accounting students were invited to a talk by PwC and EY. They were given insights on how they are able to work in audit firms and the roles available for them. The rest of the participants joined the networking lunch after registration. They took the opportunity to network and integrate with the company representatives.

At 1:30 p.m., a speech was given by the President of MACFIS, Jane Lee followed by a patron speech by Dato’ Faiz, from PwC Malaysia. Then the Deputy President of ICAEW, Mr. Paul Aplin gave his welcome speech. Judges were invited to another room for a briefing after that.

The participants were briefed regarding the rules and regulations at 2 p.m. by Miss Thao Bui from ICAEW. The business challenge started with a half an hour session of case study reading and group discussions. Participants were given a few practical questions and situations. At 4 p.m., 7 teams and judges were asked to move to Main Reception Room for presentation while the other 7 teams and judges remained in the Great Hall. Each team were given 6 minutes for their presentation and 1 minute to answer a question from the judges. After the presentations given by the teams, the judges remained in the Main Reception Room to discuss about the winners of this business challenge.

The winning teams of the business challenge were Team LSE and Furistaz. The prizes were £1000 and internship opportunities with any participating companies. The best speakers were Levinthran Kuruparam from team Gold Diggers and Muhammad Azzam bin Qhaireel Anwar from TasnimNoRagrets. They were each awarded a pair of box seat tickets for a Premier League match in London.

All in all, it was asuccessful flagship event. The overall performance was good. The performance of the teams were competitive as well.

After the event, Ms. Pauline from PwC Malaysia, Mr. Andrew Lim from ICAEW Malaysia and Jane Lee, President of MACFIS signed our contracts. The contract signing was witnessed by Ms. Sherriza and Ms. Salika from PwC Malaysia as well as committee members of MACFIS. The day ended with a dinner with ICAEW and PwC representatives.

Prepared by
Christopher Ling Her Yuean
Secretary of MACFIS