Academic journal article Journal of Accountancy

Training Needs to Be a Logical Progression

Academic journal article Journal of Accountancy

Training Needs to Be a Logical Progression

Article excerpt

An intellectual challenge: I started in the audit practice at KPMG, and the opportunity came to work for the Department of Professional Practice (DPP). DPP is KPMG's primary resource for keeping organizations and engagement professionals apprised of professional practice issues, emerging accounting issues, and the application of accounting and auditing standards. Some people rotate through, but I stayed. I get to see standards go from discussion all the way to how clients implement them. It's rewarding answering questions to help people understand and apply standards. It's like an intellectual puzzle each day. Not everyone gets to wake up and have no idea what questions will be facing you that day.

Prioritization is key: As we go through the year, my team in DPP keeps notes on areas where we seem to be getting a lot of questions from our engagement professionals. We also talk to practice leaders out in the operating offices. From there, we come up with a list of priorities. When there's a new standard becoming effective in a year or two, we have to start making our engagement professionals aware. We often have to train again in challenging areas, even after a standard is implemented. It's our job to look at how much time must be devoted to topics.

A method to training: Training needs to be a logical progression and bring more to the person than they get from reading the standard. I explain the nuances and how we got there. I help our engagement professionals understand where they and their clients are going to have to devote the most attention, and I look at the different levels--what does a partner need to know, versus the audit staff. …

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