1. Big Four Public Accounting & First Year Expectations Indiana University Kim Garrard Senior Associate, Assurance, Chicago
Target Audience -- Freshman/Sophomore either undecided or decided accounting majors.
Goal of presentation is to encourage students to be accounting majors.
Presenter should share personal accounts of why they chose accounting and why they have stayed in the profession.

2. Opportunities we offer
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
Briefly discuss agenda of presentation.
Ask students what they think of when they hear “accountant” or “CPA”.
Next slide.

3. Students who are majoring in accounting
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
Read points and make the following notes:
Bullet One -- Give personal examples of the different experiences you have had.
Bullet Two -- To many, accounting is the foundation of the business world. You can move in directions from accounting into finance, management, marketing, info systems, but it is difficult to do the reverse.
Bullet Three -- Self-explanatory.

4. Who we are & Services we offer…
Big Four Public Accounting Firms Deloitte & Touche Ernst & Young KPMG LLP PricewaterhouseCoopers Services Offered Assurance Tax Other Specialty Practices
Discuss the 4 Big Four Firms and that we all interview at IU
Our services we offer to clients are divided among Assurance and Tax services with specialty practices being included within both of these.
All clients and personnel are divided amongst lines of business or industries as well. Discuss lines of business.

5. Financial Statement Audit Internal Control
Services we offer…
Assurance Services:
Financial Statement Audit
Internal Control
Forensic and Litigation Services
Transaction Services
Risk Advisory Services
Management Advisory Services
Briefly explain that we have several different assurance service products offered to clients.
KPMG will be interviewing at IU for the following practices on this slide:
Financial Statement Audit (BMP)
Forensic and Litigation Services
Transaction Services

6. International Consulting Services Economic Consulting Services
Services we offer…
Tax Services:
Federal Tax
State and Local Tax
International Consulting Services
Economic Consulting Services
International Tax
Personal Financial Planning
Briefly discuss the tax services we offer to clients.
KPMG will be interviewing at IU for the following practices:
Fed Tax

7. 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
Discuss the benefits of working for a Big Four accounting firm

8. 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
Explain to the audience that you will be discussing first year expectations of a public accounting career. We will first talk about getting acquainted with your new employer, then on-the-job expectations, and expectations in your personal life in the first year.
One of the first responsibilities of a newly hired public accountant is to go to training. Explain your training experience such as where it was, what you did during training, and maybe some valuable things you learned there—even if it was just networking with people from other offices who had just started.
Develop relationships with mentors and performance managers: briefly discuss our mentor program and the steps you went through with your performance manager to devise your goals for the first year.
Receive information about audit/tax techniques—but administrative items as well such as time and expense reporting, etc.
Social events—expect to participate in social events at training as well as with the local office. Describe some of our social events we may have at our office—golf outing, after busy season bowling party, etc.

9. First Year Expectations—On the Job
Client sites
Responsibility
Typical work day
Overtime
Travel
Exposure to managers, partners, and high levels of client management
Now discuss on the job expectations.
Explain to the audience that in audit, you will be at client sites ALL THE TIME rather than in the office. Tax Associates can expect to be in the office most of the time with occasional visits to the client. Explain what it is like at a client site and what it is like to work there—I.e. getting there—every week is different and you depend on the senior to tell you where to go and what to do, you work in a conference room with your peers, etc.
Responsibility—give some examples of some of the responsibilities you have had in your first year. (Be careful—don’t tell them you “ran a job by yourself your first year”—that’s a liability issue.) Make sure you tell them that you do have adequate supervision and that you aren’t sent off to copy and file your first year.
Typical day—go through a typical work day and what you might do.
Overtime: state that during the busy season you may work hours per week, with a couple busy weeks in the 60 hour range. However, point out that summer are less busy. You may also want to give them an indication as to how long busy season may last (for some, it is November-March, or January-April, depends on the client base).
Travel: let the audience know what kind of travel they may expect—where have you been for training and for clients. Remind the audience that this will also depend on their local office.
Exposure: tell the audience that they should expect to have plenty of exposure to managers and partners and higher levels of client management as well. Give some personal experience examples.

10. First Year Expectations—Personal Life
Time Management
Attire
Firm Social Events and Athletic Leagues
Participation in Community Service
Now—changes in their personal life:
Time Management—they will learn to use their personal time more wisely. Give personal examples as what you have learned in this regard.
Learn to dress more professionally than you have been at school. Although most clients and offices are business casual, you still may need to work on your wardrobe when you start your job, including adding a couple of suits for those business professional clients and meetings.
Expect to get involved with your office through social events and athletic leagues—give more examples of our local office outings—Holiday Party, Outing at the Track, basketball league, book club.
Expect to get involved in community service—very important to KPMG. Give examples of some of the things we are involved in—United Way, American Cancer Society (Relay for Life and the Bean Counter’s Cookbook), Junior Achievement Bowl-a-thon, March of Dimes Walkamerica, collecting food, toys, clothing, school supplies, and cell phones for needy families and battered women. You may also talk about the community service you have done while at training or at the Annual Intern Event.

11. 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
I think this slide is self-explanatory—just expand on each of the bullet points with your own thoughts or experiences.

12. Thank you! Indiana University Kim Garrard Senior Associate, Assurance, Chicago www.kpmgcampus.com
Target Audience -- Freshman/Sophomore either undecided or decided accounting majors.
Goal of presentation is to encourage students to be accounting majors.
Presenter should share personal accounts of why they chose accounting and why they have stayed in the profession.