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KPMG First Interview

Posted on: 4 July 2008 - 4:45pm
KPMG First Interview

Hi Guys,

I have been invited for the first interview and i can't get my head around certain questions that might be asked. They are:

What is the biggest challenge currently facing KPMG ?
What is your understanding of the credit crunch and how is it affecting KPMG ?

I will be very grateful for ideas on how to the approach to these questions. Thanx

Tokis

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Posted on: 4 July 2008 - 7:13pm #1

Have a look at credit crunch effect on audit for a start!

Posted on: 10 July 2008 - 9:26am #2

Yeah make sure you also look at the Sarbanes-Oxley Act. I think the most difficult thing is that in times of financial crrisis, the audit risk is much higher, so KPMG can get into trouble a lot more often. In addition, you would expect it's city clients to be arguing down the cost of audits. Lastly, any non-essential consultancy work, including tax or advisory, will suffer a drop demand.

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