KPMG Audit Internship For Everyone Free Certificate, Apply Now

KPMG Audit Internship For Everyone Free Certificate, Apply Now

Ready to launch your career in finance and auditing? The KPMG Audit Internship 2024 offers an incredible chance for students and recent graduates to gain practical experience with one of the world’s leading accounting firms. This program provides professional exposure and includes a free certificate upon completion, making it an excellent way to build your resume and develop valuable skills.

KPMG is a global professional services firm operating in 143 countries, offering audit, tax, and advisory services. As part of the Big Four accounting firms, alongside Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC), KPMG is recognized as a leader in the industry.

With origins dating back to 1891, KPMG has over a century of expertise in professional services. The firm’s name comes from the initials of its founders: Klynveld, Peat, Marwick, and Goerdeler. A major milestone in its history was the 1987 merger between Klynveld Main Goerdeler (KMG) and Peat Marwick, which established KPMG as one of the largest firms in the world.

Gain valuable hands-on experience with KPMG’s Audit Practice and build the confidence to excel in your applications. Develop critical thinking skills by analyzing client data to identify potential risk areas in audits. Enhance your data analytics expertise by working with both quantitative and qualitative data to evaluate the accuracy of financial accounts. Strengthen your communication skills by presenting conclusions and recommendations in a clear, logical, and data-driven way.

Welcome to KPMG UK’s Audit job simulation!

KPMG UK’s audit function focuses on delivering independent audits to build trust in financial reporting. With a commitment to values such as integrity, professional skepticism, and ethics, the team ensures high-quality audits through detailed analysis and support. Auditors play a vital role in providing accurate financial insights, enabling stakeholders to make well-informed decisions. KPMG also leverages advanced data and analytics technology to evaluate key assumptions and address significant issues effectively.

Also read: WFP Internship Program 2025 | World Food Programme Internships.

This program offers a glimpse into the diverse and impactful work of the audit function, which supports the growth of communities and businesses. Explore your interests, develop valuable skills, and discover your career potential through this simulation.

Skills You’ll Develop:

• Critical Thinking: Analyze and evaluate information effectively.
• Risk Identification: Recognize potential issues in audit scenarios.
• Data Analysis: Work with qualitative and quantitative data.
• Drawing Conclusions: Formulate logical, evidence-based insights.

Eligibility for the KPMG Audit Internship

This internship is free and open to everyone.

How It Works

• Complete tasks at your own pace with guidance from pre-recorded videos and example solutions provided by KPMG UK.
• No live sessions are required—entirely self-directed learning.
• Upon completion, earn a certificate to showcase on your CV and LinkedIn as an extracurricular achievement.

Benefits

• Enhance your resume and stand out in applications.
• Gain confidence in interviews by demonstrating your skills and explaining your fit for the team.

Tasks in This Program

Introduction & Scenario
Get to know your team members and understand the goals of your project.

Your Role
As a first-year associate in KPMG UK’s audit practice, you’ll be working on the audit of Globo Gym PLC, a publicly listed company in the fitness industry.

You’ll join an “engagement team” that includes:

• You: A first-year associate.
• Your Supervisor: A senior associate.
• An Audit Manager: Oversees the process.
• An Audit Partner: Provides overall leadership.

Your tasks will involve working under the guidance of your supervisor to complete specific audit assignments.

Your Goal

While you may not have much audit experience yet, you’re excited to contribute to a successful audit! You’ll utilize client-provided data, KPMG work papers and tools, and team expertise to complete your tasks. Your focus will be:

1. Identifying high-risk accounts that need further review.
2. Testing one of the high-risk accounts using client data.

---

Task One: Planning the Audit – Risk Assessment

What You’ll Learn

• Critical Thinking: Analyze qualitative and quantitative client account data to pinpoint risk areas.
• Quantitative Skills: Apply audit materiality standards to identify accounts requiring additional scrutiny.

What You’ll Do

• Assign risk ratings to accounts from Globo Gym’s general ledger.
• Evaluate account balances to determine if they are material or high-risk and require further audit procedures.

Task Two: Testing – Revenue Analytics

What You’ll Learn

• Understand how auditors evaluate account accuracy using “audit assertions.”
• Learn techniques to test and assess the correctness of account balances.
• Develop skills to summarize findings and communicate conclusions effectively.

What You’ll Do

• Conduct an analytical review of a high-risk account by analyzing Globo Gym’s revenue data.
• Examine a sample membership agreement to understand typical monthly revenue ranges.
• Compare expected revenue with the actual account balance to identify discrepancies.
• Summarize your findings to determine if additional work is needed on specific accounts.

---

How to Apply for the KPMG Audit Internship

This free internship is open to everyone and includes a certificate upon completion. Applications for 2024 are now open. Don’t miss the chance to enhance your skills—apply!