KPMG Lures Covenant Students to Accounting Academy
One of the world's leading providers of audit, tax and advisory services, KPMG, has expressed its desire to get students of Covenant University to be part of the company’s new initiative, the Accounting Academy.
The Accounting Academy, according to the company, entails bringing in students who have two levels to cover in their Institute of Chartered Accounts of Nigeria (ICAN) examinations into the academy, where KPMG spends one year training them solely for writing the exams and after they have finished the exams, they join the company full-time as employees.
The team, led by a Partner in the company, Mr. Mohammed Adama, made this known on Tuesday, October 17, 2017, when they paid a courtesy visit to the Management of Covenant University.
Mr. Adama, had in his introductory speech, said that Covenant University has been a veritable hunting ground for KPMG, with a recent analysis revealing that not less than 150 products of the University had been recruited by the company since inception of the University. “There are many Covenant University graduates working with us and we are very proud of them; they are representing the University very well,” he said.
He stated that the purpose of their visit was to come and say thank you to the University, find out what the University is doing, and how the company and the University can collaborate going into the future.
Shedding more light on the Accounting Academy, a Partner, Audit Services, KPMG, Mr. Ayo Soyinka, said that the company requires smart people with the right sense of character for the kind of business it runs, and finding such people is very difficult today. According to him, 60 graduates of Covenant University currently work with KPMG, which is very high considering the number of graduates from other universities. “This lays credence to the kind of value Covenant University’s graduates offer,” he added.
Mr. Soyinka said that the Accounting Academy was influenced by KPMG’s desire to generate more numbers from schools that the company already employs from, with the whole essence being to employ better qualified people.
In her comments, the Head, Department of Accounting, Covenant University, Dr. Olubukunola Uwuigbe, appreciated KPMG for its contributions to the department. She said that the company has contributed towards enhancing the knowledge of the students, especially through the Industrial Attachment programme. The HOD stressed that the Accounting Academy would be a motivating factor for the students.
Also, the Dean, College of Business and Social Sciences, Professor Philip Alege, expressed delight that two members of the visiting KPMG team – Ms. Adedoyin Adetona and Mr. Tumi Odunlami - are products of the University. He said that the College was developing a committee on industry partnership with a view to making relationships with the industry practical.
In his remarks, the Deputy Vice-Chancellor, Professor Shalom Chinedu, representing the Vice-Chancellor, Covenant University, Professor AAA. Atayero, thanked KPMG for investing in students of the University over the years. He said that the outcome of a research conducted by an independent firm, which found Covenant University to produce the most employable graduates, validates the quality teaching offered by the University.
The University, said Professor Chinedu, currently runs with the vision of being one of the top 10 universities in the world, but the University cannot do it alone, which is why the University needs organisations like KPMG synergise. He said that many students of the University would be happy to be involved in the Accounting Academy project, adding that the two organisations have to work together to concretise the proposed collaboration.
Also on the KPMG entourage was Ms. Gloria Ibeziako, while other representatives of Covenant University at the meeting were the Director, Financial Services, Pastor Sunday Abayomi, and a faculty in the Accounting Department, Dr. Kingsley Adeyemo.