Training at a medium sized firm

Training in Public Practice (TIPP) with a medium sized firm as an alternative to the "Big 4"

When deciding where you should work and who you should sign your training contract with, a number of factors need to be considered:

  1. The type of environment that you will be working in i.e. personal attention and not just a number;

  2. Level of exposure and opportunities to various service offerings namely audit, tax accounting, financial statement preparation and internal audit etc;

  3. Opportunities for secondments and travel overseas;

  4. Specific training programmes to ensure trainees are mentored and given the opportunity to develop into highly skilled qualified Chartered Accountants and Auditors;

  5. Experience in more than one specific industry to ensure  a well rounded range of experience; and

  6. The client base of the firm and nature of the work that will be expected of you over the period of the training contract, amongst others.

At RSM, a medium sized firm of Registered Accountants and Auditors, each trainee accountant is assigned a mentor to ensure that you are individually mentored and developed from when you start to the end of your training contract. This ensures that you receive personal attention while you progress and develop to ultimately become a qualified Chartered Accountant. Each trainee accountant will get one on one and on the job training from competent mentors as well as receive constructive feedback after each task is completed thus being evaluated and recognised for the work that you perform. All our partners have an open door policy and are always happy to assist you when required.

During the course of the training contract each trainee is exposed to various areas of expertise to ensure that you meet the minimum requirements set by the South African Institute of Chartered Accountants (“SAICA”). At a medium sized firm like RSM this exposure is met and exceeded through our various service offerings. A trainee accountant at our firm will have exposure to not just industry specific statutory audits but also corporate and individual taxation, trusts, secretarial services, preparation of fully compliant financial statements, accounting services and internal audit amongst others. This is one of the main benefits of completing your training contract at a medium sized firm where you are able  to obtain the required all round skill set needed in the future as a qualified Chartered Accountant.

Our association with RSM International, which is currently the sixth largest network of independent accounting and consulting firms in the world, has as one of its cornerstones “Quality” in everything that we do. From the audit methodology that we apply to the work that you perform to the trainee accountants we hire, quality is always the underlying principle.

Through our association with RSM International trainee accountants are exposed to internationally active clients and have the opportunity to be seconded to various countries around the world throughout their training contract. This allows trainee accountants to travel and interact with like minded individuals around the world and obtain international experience.

RSM produces nothing short of the most highly skilled Chartered Accountants and Auditors. On completion of your training contract you have the opportunity to stay on with the firm in the audit environment as qualified auditors, move into specialised service offerings within the organisation or proceed into commerce, locally or abroad, with an excellent all round skill set that can be applied to almost any environment.

Andrew Young

Audit Partner, Johannesburg

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