I am starting a 6 week internship with KPMG soon in audit but I am quite nervous and so would like to prepare as much as i can. So I was wondering whether anyone that has had similar internships could offer some advice. Also what sort of day to day things did you do in your internship?
Audit internship advice Watch
- Thread Starter
- 07-07-2016 16:34
- 07-07-2016 16:49
I interned in audit at KPMG for 3 months during my gap year so I can field a few basic questions if you want.
The first week will probably be an induction week where you'll be given a few days' teaching on basic accounting stuff (debits and credits, T-accounts, how to read financial statements) and you might stay in a hotel with your fellow interns. This is actually pretty fun as in the evening you'll have networking dinners and get boozy with other interns/seniors/partners etc.
Regarding day-to-day stuff, it depends on your industry focus. You'll most likely be travelling/commuting to a client, where you'll stay for 2-4 weeks at a time before being rotated to a different client.
You'll mostly be doing 'gruntwork' in Excel and being led through audit processes by the experienced team members. Don't get me wrong, this is very useful and you'll learn a lot even during the first few weeks. You'll usually be in an audit team of 3-6 people, ranging from maybe another intern all the way to partner.
You'll possibly be given ad-hoc tasks throughout a client engagement such as talking to their CFO, HR, etc. A bit of printing and copying etc. (admin) is to be expected. Coffee runs are not out of the question.
You might also be off any client for a week or two at a time, where you'll be stuck in your home office doing mainly admin/supporting random senior members on their clients. Take this time to make use of KPMG's excellent online classroom tutorial stuff if you want to really get your accounting knowledge up.
Let me know if you have any further questions.Last edited by mitchell.gkm; 07-07-2016 at 16:50.