ACC275 - Professional Practice in Accounting Assignment 2022

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ACC275 - Professional Practice in Accounting
Assignment 1:
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Contents
1. EXECUTIVE SUMMARY.......................................................................................... 4
2. INTRODUCTION.................................................................................................... 5
3. SECTION 1............................................................................................................ 6
3.1. ACCOUNTING & AUDITING............................................................................. 6
3.1.1. NATURE OF WORK:.................................................................................. 7
3.1.2. WORK ENVIRONMENT:.............................................................................7
3.1.3. EDUCATION:............................................................................................ 7
3.1.4. SKILLS:..................................................................................................... 7
3.1.5. SKILLS & PERSONALITY TRAITS REQUIRED FOR BEING SUCCESSFUL:.....7
3.1.6. AVERAGE SALARIES:................................................................................8
3.1.7. LABOUR MARKET OUTLOOK:....................................................................8
3.1.8. RELATED POSITIONS:...............................................................................8
3.1.9. TYPICAL EMPLOYERS:............................................................................... 8
4. SECTION 2............................................................................................................ 9
4.1. RESEARCH ON SPECIFIC EMPLOYER- KPMG....................................................9
4.1.1. NATURE OF EMPLOYER:...........................................................................9
4.1.2. SIZE OF THE ORGANISATION:..................................................................9
4.1.3. HISTORY:................................................................................................. 9
4.1.4. ORGANISATIONAL STRUCTURE:.............................................................10
4.1.5. CULTURE/MISSION:................................................................................10
4.1.6. BRANCHES & SUBSIDIARIES:.................................................................11
4.1.7. CLIENT & CUSTOMERS...........................................................................11
4.1.8. PRODUCTS & SERVICES.........................................................................11
4.1.9. OPPORTUNITIES FOR PROMOTION:........................................................11
5. SECTION 3.......................................................................................................... 12
TYPICAL CAREER PATH FOR SOMEONE AS THEY ADVANCE IN THIS CAREER:.....12
5.1. ENTRY LEVEL AND OTHER POSITONS:......................................................13
5.2. OTHER NAMES FOR ENTRY LEVEL POSITIONS:..........................................13

5.3. ALTERNATIVE CAREERS:...........................................................................13
5.4. MIDDLE AND UPPER LEVEL POSITIONS:....................................................13
5.5. QUALIFICATIONS REQUIRED-....................................................................13
6. SECTION 4.......................................................................................................... 14
6.1. REFLECTION:................................................................................................ 14
6.1.1. REASON FOR CHOOSING KPMG:............................................................14
CONCLUSION............................................................................................................ 15
REFERENCES............................................................................................................ 16

1. EXECUTIVE SUMMARY
This report aims to discuss about research and report of an accounting as a
profession. Various aspects of accounting profession are discussed in detail
accompanied by details of KPMG which is one of the employers of such profession. A
typical career path of accounting is discussed and what are my views and
reflections regarding it.