KPMG is an audit firm offering services to the public and private sectors. It is a known fact that in today’s competitive world professional qualifications are valued more over the B.com graduation. An oriented certification program is the need of the hour. KPMG offers six months of the job-oriented certification program. The interactive sessions from experienced auditors prepare the professionals as industry-ready. KPMG offers fifteen types of courses online to provide a real-time experience to learners. All the courses are from KPMG Learning Academy. Theory and practice make a difference and aid professional advancement. This program is not for CA and CMA professionals. However, the practical knowledge from an audit job enhances the learning skills of the students. After gaining experience in the big four firms, students tend to join professional courses like CA, CMA and ACS. The blog throws light on the merits of the KPMG course, the eligibility criteria of the KPMG course, and the growth prospects of different job roles in Big Four firms.
Merits of the KPMG program:
The KPMG program is not for CA and CMA professionals. It is for the B.com graduates and working professionals. The merits of the KPMG program are as follows:
- Learn from the seasoned practitioners of the KPMG firm.
- Learn from the best trainers.
- The students get real-time exposure. The students learn by doing not reading. The practical insights train the students in real-time challenges, life cases and solutions.
- The KPMG program provides certificates to the students. The certificate from top accounting and auditing companies enhances the domain value to the students.
- The students gain rich experience from the top audit firms.
- The certificate program makes the student a well-rounded professional. The training enhances the technical expertise of the students.
- The program offers 70-plus hours of industry assignments.
- The program offers 90-plus hours of virtual classes at the weekends.
- The sessions are live and not recorded. The course is a live course and not a self-paced one.
- The KPMG program prepares professionals to use accounting tools like Tally, MS Excel, and Power BI.
- The company conduct in-person periodical meetings.
- Selected students receive scholarships.
- The program is for six months.
- The program is for 160 learning hours.
- The next batch of the KPMG program starts on the 20th of July 2024.
- Eligibility criteria of the KPMG program:
- Graduates from any stream are eligible to enroll in this program.
- Students in the final semester are also eligible to enroll in the program.
- Working Professionals wanting to switch the job to finance and accounting jobs across industries are eligible to apply for the KPMG program.
- The course prepares the aspirants for the following entry-level roles: executive -F&A, associate – O2C, R2R executive, Associate – Accounts payable, FP&A Executive, statutory audit analyst, and internal audit analyst.
Growth of accounting and auditing professionals in 2024:
Big Four firms employ candidates with good academic records. Job satisfaction has a relationship with trust, health, skill-building and teamwork. Anyone interested in accounting, auditing, finance, investment and consulting chose Big Four firms as their dream place to work. Big four firms offer growth, learning and exposure to the employees. Big Four firms arrange training for the workers to meet the organizational goals. The following job roles in the Big Four firms explain the pressure and growth in the job roles.
Executive -F&A:
F&A executives handle the financial planning and analysis. The candidates analyze the financial statement, credit, financial due diligence, profit drivers, future performance, and trends. Apart from knowledge, the candidate requires client management, project management and team management skills. The past success stories enhance the confidence of the organizations. Apart from traditional F&A executive jobs, the professionals learn the services such as assurance, tax, legal, and audit. F&A jobs increase the opportunity for partnerships and BPO segment expansion. F&A executives learn the next-generation technologies. Big Four firms grow in the FOA market with the following challenges: Align the accounting practices suitable for the demands of the regional and global clients, optimize delivery with talented workers, focus on asset-based delivery models, and understand the importance of competitive pricing. The main point in developing the FOA market is the optimization of delivery with talented workers. Professionals with CA and CMA qualifications and experience are the need of the hour to become successful in the FOA segment. FOA job role offers growth and global exposure to the candidates.
Associate – O2C executive:
O2C associates handle the accounts receivable process. The executives ensure the effectiveness and quality of the 02C process. The role is taking care of the collection, sales order, documentation, systems, and compliance, reporting and process improvements. SAP, functional knowledge and project management experience help for the growth of the 02C executives.
Associate – R2R executive:
R2R executives are the documentation specialists. The professionals collect, process, and present the accurate data. R2R executives understand the obvious errors, inconsistencies and omissions. The R2R executives manage the record to report process, compliances, accuracy, and accounting standards, and prepare reports, financial statements, and reconciliations to complete the month and year-end financial activities.
Associate – Accounts payable:
The accounts payable department handles the administrative and financial operations. Accounts payable candidates require detail-oriented, analytical, leadership-based, computational, problem-solving and communication skills. The professionals working in accounts payable understand the accounting and bookkeeping process in the organization. Accounts payable executives raise questions related to invoice items, signatures and prices. Review the invoices waiting for the payment. Maintain invoices, vouchers and correspondences. The accounts payable department reconciles the bank statements. The accounts payable department protects the company from unintentional overpayment and meticulous collection of outstanding payables. An accounts payable executive job is the first step of a career in financial reporting. After gaining experience, the candidate can move on to a managerial role in the company.
Statutory audit analyst:
Audit analysts know the tax laws and compliances. The audit analyst reviews the regulatory requirements, procedures, and corporate policies. The executives working as audit analysts enhance the quality of the operations, reduce risks and improve business efficiencies. Audit analysts handle diversified clients from different domains.
Internal audit analyst:
Internal audit analysts check the relevant laws and check the risk factors. The professionals working in internal audits check the controls implemented by the company and analyze the best practices. An internal audit analyst recommends best practices to minimize risk and enhance operational efficiency.
Bottom Line:
CA, CMA and ACS courses prepare professionals for the top management roles. The courses offered by Big Four firms provide real-time exposure and prepare B.com graduates for advanced-level learning. After gaining experience in the big four firms, the B.com graduates pursue professional courses to get a high salary. RR Academy trains students and working professionals. The real-time experience helps the working professionals to understand the complexity of the auditing profession.
