Graduate Programmes: What is Audit?

Audit is a profession with a rich heritage, dating all the way back to the 1400s. Whilst the fundamental principle remains unchanged – to reinforce trust – 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. 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 developing more predictive analytics tools and new artificial intelligence tools, allowing us to provide deeper insight and analyse complex documents.

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.

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

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.


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