Graduate Programmes: What is Audit?

Audit is a profession with a rich heritage, dating all the way back to the 1400s. Whilst the fundamental principles remain unchanged – to reinforce trust through audit quality and accuracy – the role of an auditor and the tools we use have changed significantly. 

In today’s world, auditors play a key role in providing the confidence that business and society demand. This supports investment decisions in the capital markets, confidence over the governance of public sector expenditure and the development of the country’s small and medium-sized enterprises. Audit is essential to the effective allocation of capital around the globe – powering growth, job creation, prosperity and innovation.

As every organisation is different we rely on the diversity of our workforce and their individuality to make sure we fully understand our clients’ business from every angle. We understand that our people are integral to delivering high quality audit client work. This is becoming increasingly important due to:

  • the growing number of stakeholders looking to auditors to guide their decision making process;
  • the continuing evolution and importance of technology;
  • significant increases in the amount of data available to be analysed; and  
  • the continuing diversity of businesses, products, customers and processes.

This, coupled with the speed at which people expect information to be available, is what makes audit a challenging and varied career.

And it won’t stop here. Key to ensuring we are able to continue to provide the assurance needed is that we’re one step ahead of our clients, so that when they change and evolve we’re ready. To do this we’re leveraging our advanced technology and data analytics to significantly enhance the quality of our work, allowing us to provide deeper and more robust client insights.

At the heart of this is KPMG Clara, our progressive collaboration and analytics tool, which allows us to effectively collaborate with our clients, provides robust audit evidence, as well as giving us the opportunity to add real value to our clients by really getting under the skin of a business.

Live our values and embrace our quality-first culture, and we’ll give you what you need to take your career from success to success.

Learn more about our forward thinking audit approach by watching this video:

Audit

Audit is the largest of our UK practices, requiring a deep understanding of our clients, their controls, processes and systems as well as their aims and the risks they face. Audit helps to assure stakeholders that the published annual accounts are ‘true and fair’.

Working in audit equips you with valuable technical skills, broad commercial understanding and in-depth knowledge of different industry sectors. 

As a graduate, you’ll have a portfolio of clients varying in size, complexity and maturity.  This provides a breadth of expertise and experience in an environment that embraces diversity and the positive impact it has on our business, our clients and the community. From day one, you will build strong relationships with your clients, and gain an understanding of both the issues they face today and the challenges on the horizon tomorrow.

One of our priorities is to inspire and develop your potential, we do this by making sure you have the chance to work with a rich variety of clients, play a big part in our continuous improvement initiatives and taste life in our different functions. We also perform work on wider assurance engagements and have a large and growing internal audit client base.

Graduates joining the Audit Programme will also have the chance to work in a specific business area whilst studying towards a valuable professional qualification. Additionally, all of our employees have access to an extensive programme of internal training geared towards your career and personal development, meaning progression can be rapid. From the start you’ll be an integral part of a team, and throughout your training you will be coached and supported to manage and develop your wider team, together with nurturing client relationships.

At a glance

Business area Audit
Programme length Three years
Qualifications you'll work for ACA or CA (Scotland only)
Location Nationwide
Entry requirements Yes, please refer to a Job Description by clicking 'Search & Apply' for specific requirements

Training and development

The training and development of our Audit professionals is critical to the future success of our business, which is why our people are trained to become experts in their field and supported to study for a professional qualification.

In Audit we offer two different routes to achieving the ACA qualification:

  • Intensive Programme 
  • Empowered Programme 

Should you decide to apply to one of our Audit Graduate programmes, you will have the opportunity to choose between applying for our ACA Intensive programme or our Empowered ACA Training programme. Both programmes take three years to complete, they just offer different routes to achieving success. The routes available depend on which office you join. You should not underestimate how much of your first three years will be spent studying. Be sure that you are joining a firm that takes your development as seriously as you do. 

KPMG also has a full-time Professional Qualifications and Accreditations team – dedicated to giving you the best chance of passing your exams first time. Our programmes are underpinned by an online portal so you can access technical content and learning activities, share information and contact your tutors for all the support you need at the click of a button.

By joining KPMG you’ll be joining a long list of graduates who’ve already excelled in their professional exams. The fact that KPMG trainees consistently outperform Institute pass marks is a real testament to our people and the quality of our training.

Find out more about how our support and training will benefit you.

Audit Mandarin

As a graduate, you’ll gain a breadth of expertise and experience in Audit. A strong start to a successful career in business, Audit can equip you with valuable technical skills, broad commercial understanding and in-depth knowledge of different industry sectors.

Graduates joining the Audit Programme will also have the chance to work in a specific area of the business whilst studying towards a valuable professional qualification, including potentially joining the Audit Response team, a special unit designed to mobilise resources at short notice.

If you’re a Mandarin speaker, we can offer you an additional, unique opportunity. As part of the Audit Mandarin Graduate Programme, you'll have the chance to gain experience in the UK and work with KPMG in China after you qualify. With increasing importance to the global economy, clients and our business, KPMG has an established and successful member firm in China with 13 offices and more than 9,000 employees. It’s a chance to see how our diverse business works in practice. It takes all sorts of personalities, characters and perspectives to drive a successful business like ours. You’ll get to see this first hand as you take on an important role in KPMG China’s strategy, to further strengthen teams, client relationships and local market position.

At a glance

Business area Audit - Audit Mandarin
Programme length Three years
Qualifications you'll work for ACA or CA
Location London
Entry requirements Yes. You’ll also need to be fluent in both English and Mandarin.

Training and development

The training and development of our Audit professionals is critical to the future success of our business, which is why our people are trained to become experts in their field and supported to study for a professional qualification.

On the Audit Mandarin Programme we currently offer two different routes to achieving the ACA qualification:

  • Intensive Programme
  • Empowered Programme

Should you decide to apply to one of our Audit Graduate programmes, you will have the opportunity to choose between applying for our ACA Intensive programme or our Empowered ACA Training programme. Both programmes take three years to complete, they just offer different routes to achieving success. The routes available depend on which office you join. You should not underestimate how much of your first three years will be spent studying. Be sure that you are joining a firm that takes your development as seriously as you do.

KPMG also has a full-time Professional Qualifications and Accreditations team – dedicated to giving you the best chance of passing your exams first time. Our programmes are underpinned by an online portal so you can access technical content and learning activities, share information and contact your tutors for all the support you need at the click of a button.

By joining KPMG you’ll be joining a long list of graduates who’ve already excelled in their professional exams. It’s indicative of the type of people that work here. They have an innovative spirit that drives them on to do better – no matter what their background and where they’re from. The fact that KPMG trainees consistently outperform Institute pass marks is a real testament to our people and the quality of our training.

Find out more about how our support and training will benefit you.

Accounting Advisory Services

Accounting Advisory Services (AAS) provides a broad range of accounting and structuring advice to its clients relating to major business transactions or transformations. Projects focus on the application of technical accounting – in particular accounting policy conversions and GAAP analysis, preparation of financial statements or carve out accounts, merger and acquisition activity, implementation support for new accounting standards, group restructurings, and training. As a member of the team you will have the opportunity to work with cross-functional teams including Transaction Services, Corporate Finance, Audit and Tax.

Our Graduate Programme is designed to help you gain and refine business and accounting skills, as well as provide opportunities to advise our clients on various aspects of their financial functions. As a graduate, you'll gain a breadth of expertise and experience in advising clients on accounting issues. You’ll be equipped with valuable technical skills, broad commercial understanding and in-depth knowledge of different industry sectors. 

At a glance

Business Area Audit
Programme length Three years
Qualifications you'll work for ACA
Location Nationwide
Entry requirements Yes, please refer to a Job Description by clicking 'Search & Apply' for specific requirements

Training and development

The training and development of our professionals is critical to the future success of our business, which is why our people are trained to become experts in their field and supported to study for a professional qualification. 

The Empowered Programme is KPMG’s ACA product that consists of a blend of live online tuition and classroom based revision, where the onus is on trainees to take ownership of their studies and help shape their learning. The programme utilises innovative technology and is delivered via Online Classroom Live and Recorded courses for the taught phase, and in-centre classroom courses for the revision phase. It also has wrap around support in the format of coaches, online content and study sessions which means there is a form of support for every need. 

All programmes take three years to complete. They just offer different routes to achieving success. You should not underestimate how much of your first three years will be spent studying and therefore it is imperative you really think about your learning style, and be sure that you are joining a firm that takes your development as seriously as you do. When you have decided which route to qualification is best suited to you, please make sure you apply to that route on the website.

Information Risk Management

Technology underpins many of the most influential organisations in the world.  It enables the biggest business decisions and connects people around the globe.  The opportunities that technology brings are matched only by its potential threats and risks – and this is where we come in.  
We provide independent, jargon-free advice and technical expertise to help our clients control their technology risks through specialist IT audit support, and enable them to make the best use of their data.  
 
Our three year graduate programme is designed to offer the client exposure and the support you need to secure a successful career in Information Risk Management (IRM) and Technology Risk. We will help you to develop your technology, audit and consulting skills, commercial acumen and a flair for business to enable you to deliver real value to our clients. 

At a glance

Business Area Audit
Programme length Three years
Qualifications you'll work for ICAEW Certificate in Finance, Accounting and Business (CFAB)
Location Nationwide
Entry requirements Yes, please refer to a Job Description by clicking 'Search & Apply' for specific requirements

Training and development

As an IRM Graduate, your training and development will follow the Graduate Learning Pathway. This is a well-rounded training and development plan, and comprises technical training, personal development, and career development courses to help you make the most of your programme.
 
When you join the team, your initial training will be geared towards equipping you with the requisite skills and knowledge to support our teams of IT Audit specialists.  You can expect to gain an in-depth understanding of IT systems; financial processes and controls; and of the audit and assurance process.  You will study for the ICAEW Certificate in Finance, Accounting and Business (CFAB).  
 
During your programme you will also have the power to shape your own development by augmenting the Learning Pathway with courses from the KPMG Business School and a variety of online platforms as well as studying towards professional qualifications such as:
  • TIL Foundation;
  • COBiT Foundation;
  • ISACA Certified Information Systems Auditor (CISA)

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