KPMG Audit Internship: Requirements and Opportunities

KPMG is a well-regarded firm known for its commitment to fostering a positive work environment and providing opportunities for career advancement. The firm provides audit, tax, and advisory services to organizations across various key industries. KPMG's growth stems from delivering tangible results for clients and is supported by a culture that values individual development, inclusivity, innovative excellence, and community support. This commitment to its employees and values has earned KPMG consistent recognition as one of the best companies to work for by publications like Fortune Magazine, Consulting Magazine, Seramount, and Fair360.

KPMG's Culture and Values

At KPMG, the organizational culture is defined by a set of core values that guide the actions of its professionals. These values include a commitment to education and lifelong learning, which empowers employees to take control of their careers and professional development. KPMG fosters a culture where people can thrive and make their mark, both professionally and within their communities. The firm emphasizes collaboration, integrity, ethics, and inclusion, enabling its diverse workforce to better serve clients and communities. KPMG takes pride in providing the best opportunities to people starting a new career in financial services.

Internship Programs at KPMG

KPMG internships offer excellent opportunities for both undergraduate and graduate students to explore career options within the professional services industry. These programs allow students to gain real-world experience and develop skills in areas such as audit, tax, and advisory. Interns at KPMG have the chance to build beneficial relationships and knowledge with KPMG professionals, clients, and peers.

Types of Internships

KPMG offers internships in various departments, including:

Audit: Audit interns learn core auditing skills, such as preparing audit documentation, reviewing clients’ financial statements, and understanding the different risks each client faces.
Tax: Tax interns build foundational knowledge in tax and experience how KPMG tax professionals tailor actions to individual clients. Throughout the program, interns create tax paperwork, analyze client data, and assist in advising clients on state, local, and federal tax regulations.
Advisory: Interns in the Economic Valuation Services department, part of KPMG’s Advisory team, can choose to focus on areas like real estate, economic services, business modeling, tangible assets, and business valuation.
Other Programs: KPMG also offers specialized programs such as the Embark Scholars program, geared toward students from traditionally underrepresented backgrounds and ethnic minority groups, and graduate-level internship programs for students pursuing law degrees in taxation.

KPMG Lakehouse

Many interns, both domestically and abroad, spend a portion of their internship at KPMG’s Lakehouse in Lake Nona, Florida. The Lakehouse serves as the cultural hub for KPMG, where employees develop professionally, network, and work collaboratively to find innovative solutions.

Read also: Launching Your Career at KPMG

Eligibility and Requirements for Audit Internships

To be eligible for a KPMG audit internship, candidates typically need to be currently pursuing college coursework or have completed a bachelor’s degree or higher within the past 12 months.

Visa Sponsorship

A crucial requirement for KPMG internships is the ability to work in the United States without the need for employment-based sponsorship, either now or in the future. KPMG does not offer sponsorship for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT, or any other employment-based visas for internship positions.

Skills and Qualifications

Entering the professional world means not only having the knowledge but also acting the part. To succeed you not only need to have the technical skills to do your job, but you also need to master soft skills, such as communication, working with others, integrity, and enthusiasm. All of your actions both online and off impact your candidate profile and your chances of getting hired.

Application Process

The application process for a KPMG internship involves several steps:

Online Application: Students should submit their applications online, including a resume and an unofficial transcript. KPMG recommends keeping resumes to one page, using consistent formatting, and avoiding buzzwords.
Interviews: Potential interns must complete two rounds of virtual interviews, each lasting about an hour. KPMG provides sample questions to help candidates prepare.
Rolling Basis: KPMG recruits on a rolling basis, considering candidates as they apply until the opportunity is filled. Applying early is important.

Location Preference

When applying, candidates should give serious thought to their location preference. KPMG strongly recommends applying to the location where you want to build your life and career long-term. The KPMG’s internship program is designed to convert high performing interns to fulltime opportunities in the geographic location of the internship.

Read also: Internship Requirements at KPMG

Application Limit

Applicants are limited to a maximum of two active applications and are encouraged to apply expeditiously to one role for which they are qualified and is of the greatest interest. You won't be able to interview for multiple positions simultaneously.

Compensation and Benefits

KPMG offers a comprehensive compensation and benefits package to its employees. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations.

The firm is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year the firm publishes a calendar of holidays to be observed during the year and provides two firmwide breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday.

Tips for Success

Research KPMG: Thoroughly research KPMG to ensure that you’re a good fit for the company and that the company is a good fit for you. Knowing the company and its values can help you in the application and interview process.
Networking: Networking is pivotal in the professional and financial services industry. Expanding your professional network can help you learn about opportunities sooner and improve your chances of landing an internship.
Skill Development: Regardless of your career interest or college major, you need the right skills to land jobs. Start building your skills in areas such as accounting, tax, audit, or consulting by taking specialized coursework, joining clubs or organizations, and enrolling in virtual job simulations.
Resume Building: Learn how to write a resume that will get you noticed. KPMG gives some guidance to students about what to include in their resumes, too. The company recommends students keep their resumes to one page, use consistent formatting, and avoid buzzwords.
Interview Preparation: For most behavioral interview questions, using the STAR method can help you respond concisely and effectively.

KPMG's Commitment to Diversity and Inclusion

KPMG is an equal opportunity employer and complies with all applicable federal, state, and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state, or local laws. KPMG values diversity and inclusion, offering programs such as the Embark Scholars program and the Frank K. Ross Leadership Institute to support students from traditionally underrepresented backgrounds.

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