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A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean Smith, Associate www.kpmgcampus.com

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Page 1: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Big FourPublic Accounting &

First Year Expectations

Indiana University

Kim Garrard, Senior AssociateJulie Merkel, AssociateSean Smith, Associate

www.kpmgcampus.com

Page 2: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Agenda

• What we need• Who we are• Services we offer• Opportunities we offer• First year expectations—getting acquainted, on

the job, personal life, and advice from the experts

Page 3: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

What we need…

• Students who are majoring in accounting• Students who are obtaining 150 credit hours

and will be sitting for the CPA exam• MBA in Accounting• Masters in Accounting• Accounting and finance double majors with at

least 150 credit hours

Page 4: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Big FourPublic Accounting

FirmsDeloitte & Touche

Ernst & YoungKPMG LLP

PricewaterhouseCoopers

Services OfferedAssurance

TaxOther Specialty Practices

Who we are & Services we offer…

Page 5: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Assurance Services:• Financial Statement Audit• Internal Control• Forensic and Litigation Services• Transaction Services• Risk Advisory Services • Management Advisory Services

Services we offer…

Page 6: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Tax Services:• Federal Tax• State and Local Tax• International Consulting Services• Economic Consulting Services• International Tax• Personal Financial Planning

Services we offer…

Page 7: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Opportunities we offer…

• Global network• Internships• Varied career paths• Working on integrated teams• Endless resources• Mobility • International Rotations• Work/Life Flexibility• Quality training programs• Structured performance management process and

mentoring program• Advanced technology, including 24-hour support• Knowledge sharing

Page 8: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

First Year Expectations—Getting Acquainted

• Receive a high-quality training program and lots of on-the-job training.

• Developing relationships with mentors and performance managers

• Receive information not only on audit and tax techniques, but administrative items as well

• Social events

Page 9: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Summer 2003 Summer 2003 KPMG Odyssey Boat CruiseKPMG Odyssey Boat Cruise

Page 10: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Fall 2003 Fall 2003 Limo Scavenger HuntLimo Scavenger Hunt

Page 11: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

First Year Expectations—On the Job

• Client sites• Responsibility• Typical work day• Overtime• Travel• Exposure to managers, partners, and high

levels of client management

Page 12: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

First Year Expectations—Personal Life

• Time Management• Attire• Firm Social Events and Athletic Leagues• Participation in Community Service

Page 13: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

KPMG Flag Football KPMG Flag Football GamesGames

Page 14: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

First Year Expectations—Advice from the Experts

Have a good attitude Utilize the “sponge effect”—absorb as much

information as possible in year 1 Be willing to learn/learn by doing Be good team member and contribute to the

team Ask lots of questions and use your good

communication skills Be flexible Take charge of your own career—be prepared

to ask for feedback! Get involved in recruiting activities

Page 15: A C C O U N T I N G Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard, Senior Associate Julie Merkel, Associate Sean

A C C O U N T I N G

Thank you!

Indiana University

Kim Garrard, Senior AssociateJulie Merkel, AssociateSean Smith, Associate

www.kpmgcampus.com