Anna-Maria Bedeau

  • Office: Chicago
  • Practice: Advisory
  • School: University of Illinois

Anna-Maria's Journal

PART 1

My Name is Anna-Maria Bedeau and I am currently a Federal Tax intern at KPMG in the Philadelphia office. I started my intern experience on January 7th and, so far, my experience has been phenomenal. I believe if one has the vision to plan their future and wants to gain hands on experience in an exciting and challenging environment, KPMG is the place to build a career. I say this because, during the first couple of weeks, KPMG provided an extreme amount of technical training and social networking events to kick-start my professional career. One of these training programs was the National Internship Program, which gave me knowledge that I can refer to throughout the remainder of my internship.

National training week took place in Philadelphia, so I wasn't too overwhelmed as I didn't have to travel to a new city to attend. I did, however, meet many interns from other offices who had never been to Philadelphia and didn't know many people, so I helped them warm up by asking ice breaker questions. I met a variety of people from different cultures and backgrounds, which is always a perk of a national event. Along with the technical training, I learned a lot about KPMG's goals and values. For example, KPMG client service professionals are dedicated to diversity, strive to provide outstanding value to markets and clients, and promote collaboration amongst engagement teams and practices for the benefit of clients. I also learned that ethics and integrity were prominent at every level of the firm when associates described his or her experience with the firm.

One course that I found especially beneficial at National Intern Training was "Managing Your Message." This course focused on the tools to communicate effectively with clients and coworkers. The instructors were mostly second year and senior associates, which was great because many of them were in our shoes a couple of years ago. There was a welcoming atmosphere throughout the week, which made me feel comfortable asking questions no matter how informal they may be.

On the third day of training, we met with our mentors and performance managers for lunch. They were genuinely interested in my career and spent a lot of time talking about their experience with the firm. Their thoughts really helped me understand why KPMG is such a great place to work. I have a wonderful relationship with both my mentor and performance manager, and look forward to many more conversations in the future. I know where to go if I have any questions at all.

The training week concluded with a bowling event at Lucky Strikes for all the interns. I had an amazing time. I have to say that, while bowling was fun, I was more excited about the opportunity to network with a diverse range of students and KPMG professionals. Intern training really reinforced the importance of networking and maintaining relationships throughout your career, and this was an incredible opportunity to do so!

The first day back in the office after intern training was slow. I introduced myself to the associates on the tax floor and became very close to the three other tax interns. I got settled in my cubicle and did some self studies for the majority of the day. I haven't been presented with any client work yet but I am scheduled to prepare workpapers for a partnership. I look forward to the busy tax season where I will be challenged with various tax issues and gain experience working on clients. I guess I should enjoy some calm before busy season hits!

PART 2

This past week I finally got a taste of the busy season. I woke up every day at 7:00 a.m. in order to be at work by 8:30 a.m. Every day presented a new task and new challenges. More than half of the tax issues I encountered were ones that I have never seen before in school. I thought I would have been overwhelmed but my senior was very helpful on explaining the various software and projects I will be working on during the season, so everything seemed very manageable.

My first assignment consisted of coding and importing trial balances into the work paper software for various entities. The software is used to create tax returns in a fast and efficient manner. The assignment was very time consuming, but began to go faster as I became more familiar with the software. As I coded the trial balance, I learned what codes went with certain assets. The task was pretty straightforward. Following this task I had to depreciate the assets that I coded on the trial balance using the FAS500 software. This software is used to calculate depreciation for tax purposes. This task was a little bit challenging but was appropriate for the level of knowledge I had acquired through accounting classes and intern training. My seniors explained what I needed to do and their expectations for my performance. I like the fact that everyone understands that the software and information is new to me and they are willing to answer any questions I may have.

On Friday, the office got together for a happy hour at a local restaurant. This provided a great chance to visit with other KPMG professionals outside of the office in a more casual setting. I was told we'd be having buffet night and game night in the future as well so that the interns have even more opportunities to get to know KPMG professionals. Another big perk of busy season Fridays? The tax department gets to wear jeans and candy is given out at 2pm. Delicious.

I am confident I will learn a great deal about taxes as it relates to individuals and businesses throughout my internship. Next week I will be preparing returns, federal and state extensions, estimates, and depreciation for one of KPMG's biggest clients. I'm excited for the upcoming weeks, and I'm sure my experience will continue to be informational and exciting.

PART 3

I began this week with State tax training where I learned about the various tax changes that will affect some of KPMG's clients. Some credits were recently eliminated, or will be eliminated in the near future. The information was dry, but important, and fortunately the instructors were excellent. What was surprising was that the course didn't seem like a foreign language. We had learned relevant and related information in school and previous training sessions. After training, I was assigned to numerous clients where I had to hit the ground running due to quick deadlines.

My first assignment this week was preparing returns, estimates, and federal and state extensions for partnerships and corporations. The biggest challenge was being able to use the software to determine which entity would or would not have to pay for the extension. Depreciation was the other assignment for the week, and it was very time consuming. I had to depreciate nine entities with 2,800 assets each. The first entity was a little difficult because I was trying to familiarize myself with the software. Once I got the hang of using the tools to depreciate the assets, the assignment became second nature. My seniors explained the assignments thoroughly and budgeted plenty of time for me to complete the time consuming assignments. I'm not sure what I will be working on next week but I'm sure it will be exciting. Stay tuned for my next entry.

PART 4

I completely forgot to mention the Dave and Buster's intern event that took place last week in my last entry. It was a great opportunity to mingle with all the interns, both Tax and Audit, in one setting, and a great opportunity to network with the managers and partners that attended the event. Food was served and we played a trivia question game where we grouped up in teams and ventured off to answer the series of questions. As usual, KPMG planned a very relaxing fun filled night that I very much enjoyed.

This week was very interesting. I got to process an entire return all by myself. It wasn't as hard as I thought it would be, but I was thankful to have support from the tax associates if I needed help. My first return was for a fund which is a very large Partnership. My mentor said the fund I was working on was very small compared to the others that are typically assigned to first year and second year staff, so it was a great starting place for me. I ended this week with depreciation and state estimates, which I'm used to doing now since that work is often given to first year associates and interns.

I have learned a great deal over the past couple of weeks, and the KPMG professionals I've worked with have been very helpful throughout the learning process. I am confident that this internship will teach me quite a bit about the various tax issues businesses and individuals face at year end. During this busy tax season, I'm happy to be challenged while gaining experience with a variety of clients.

PART 5

This was a very busy week for me. I have been processing return after return for a series of companies. I must say, the more I do something, the better I understand it, which helps make me more efficient. I did have a few problems with the software when processing the returns, so it took me a bit longer than expected, but my senior understood the technical difficulties with the software and budgeted a reasonable amount of time to complete the task.

My first assignment was to process a local tax return for one of KPMG's major clients. It was a partnership, which can be a little more challenging than corporations. I like the fact that partnerships are detailed because it forces me to use my problem solving and technical skills, which is what I love about accounting in general. Following that assignment was processing federal and state returns for three other companies. These tasks took me about six hours each. I had a buddy lunch this week which was very entertaining. I consider my buddy a mentor inside and outside of work. I feel that we have a very comfortable, laid-back relationship where I can ask her anything, formal or informal.

I still have a month left of my internship and I am looking forward to everyday!

Fun Facts

  • Are you actively involved with any community organizations? If so, which ones and briefly describe your involvement.

    I am actively involved with the Caring People's Alliance where I am pre-K and Kindergarden teacher during the summer.

    Are you involved in any on-campus clubs or activities?

    I am actively involved with the National Association of Black Accountants Temple University Chapter.

    What is the last book you read?

    The Swimsuit by James Patterson
  • Have you traveled outside of the US?

    I have traveled to Jamaica for personal reasons. I am a native of Trinidad so I try to travel back home as often as possible.

    What are your favorite TV shows?

    Desparate Housewives, Grey's Anatomy, and private Practice.

    Do you have a mentor? if yes, please describe the experience.

    Yes, it's a great experience to have someone who I can relate to. We have a great relationship inside and outside of work.
  • What are the top 3 reasons you chose KPMG for your internship?

    I chose KPMG because the people are so laid back, a chance to work with some of the world's greatest companies and the importance of work balance.

    What advice would you offer to a student just beginning the recruiting/application process?

    I would advise them to join a student professional organization such as Beta Alpha PSI or NABA (National Association of Black Accountants) so they will be able to take advantage of networking opportunities an information sessions from prospective employers.
  • What is the best piece of advice you have ever received?

    Opportunities can only come once in a lifetime so capitalize on them when they occur."