ACCG 315 reflaction 2
Working environment
According to Mrs Hiatt, a manager at KPMG in Sydney Financial Services Audit Department, that KPMG recognise that people is the greatest assets for KPMG and provide an environment that promote safety and health to the employee, giving equal opportunity for promotion and committed to ensuring the workplace is free of discrimination. People who work for KPMG are encouraged to pursue a healthy balance between work and life. KPMG gives their employee opportunity for improvement, by providing the training programme and encourage them to continuous learning. KPMG also help carve out a progressive career path for staff that emphasises goal development and engages coaching and feedback to fulfil those goals.
Accountants are working in auditing.
According to industry partner’s presentation, that accountant has variety roles in the verification field. The auditor should ensure financial statements are not materially misstated and be able to giving a true and fair view. The auditor should demonstrate professional scepticism---being able to form an opinion. The auditor opinion is intended to provide reasonable assurance for financial statement and adding the value and credibility of the financial statement produced by management. Consequently increase the user confidence in rely on the financial statement and reduce investor’s risk. Accountant work in a professional firm as an auditor should Mitigating risk and acting as a third line of defence for clients. Using their knowledge of management accounting to help the client in controlling and minimising the risk of business, ensuring the operation of finance are in a right track. There are much more requirement for accountant working in auditing fields such as being compliance with regulatory standards, working in a collaborative team, be able to build a relationship with the client and other internal people.
New graduate
For a new graduate, there are four dimensions expected by an accounting firm,
According to Mrs Hiatt, a manager at KPMG in Sydney Financial Services Audit Department, that KPMG recognise that people is the greatest assets for KPMG and provide an environment that promote safety and health to the employee, giving equal opportunity for promotion and committed to ensuring the workplace is free of discrimination. People who work for KPMG are encouraged to pursue a healthy balance between work and life. KPMG gives their employee opportunity for improvement, by providing the training programme and encourage them to continuous learning. KPMG also help carve out a progressive career path for staff that emphasises goal development and engages coaching and feedback to fulfil those goals.
Accountants are working in auditing.
According to industry partner’s presentation, that accountant has variety roles in the verification field. The auditor should ensure financial statements are not materially misstated and be able to giving a true and fair view. The auditor should demonstrate professional scepticism---being able to form an opinion. The auditor opinion is intended to provide reasonable assurance for financial statement and adding the value and credibility of the financial statement produced by management. Consequently increase the user confidence in rely on the financial statement and reduce investor’s risk. Accountant work in a professional firm as an auditor should Mitigating risk and acting as a third line of defence for clients. Using their knowledge of management accounting to help the client in controlling and minimising the risk of business, ensuring the operation of finance are in a right track. There are much more requirement for accountant working in auditing fields such as being compliance with regulatory standards, working in a collaborative team, be able to build a relationship with the client and other internal people.
New graduate
For a new graduate, there are four dimensions expected by an accounting firm,