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“Traditional accounting and audit classes in many universities have been unchanged for many years,” explains Roger O’Donnell, Global Head of Data and Analytics, in KPMG’s audit practice. “Most classes continue to focus on accounting rules and the basics on how to audit, which is important, of course. But there’s a growing need for accounting students to learn how to harness and analyze financial and accounting data, as it can greatly enhance their abilities.
“Every function and department within a company is dependent upon data,” says O’Donnell. “If you empower accountants with analytical tools that can search through the financial data for deeper meanings, they can provide valuable insights. For instance, they can help the supply chain group better forecast revenues and expenses.…In this new capacity, accountants are both traditional record-keepers and strategic advisors.
Toward this end, the audit, tax and advisory firm has created the KPMG Master of Accounting with Data and Analytics Program. The first-of-its-kind program is designed to prepare the next generation of accountants for the evolving digital marketplace. KPMG offers full tuition funding to students, as well as an internship on a KPMG audit or tax team and a full-time position upon graduation through an advanced entry program.
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