PwC Australia revamps assurance graduate intake

PwC Australia (PwC Au) is overhauling its attack to hiring successful its assurance division, aiming for 50% of its 2027 postgraduate cohort to travel from disciplines different than accounting.

The company’s revised intake strategy is positioned arsenic a effect to a projected shortage of accounting professionals and changing lawsuit needs driven by AI and different technological disruption.

The institution says it is looking to assemble teams with a wider premix of technical, analytical and problem-solving capabilities suited to an AI-enabled environment.

However, it noted that accepted accounting grooming volition stay cardinal to assurance services.

The expanded recruitment criteria is intended to assistance the concern respond to changing lawsuit expectations, marque usage of emerging tools and support reliable assurance arsenic organisations prosecute large-scale technological change.

PwC AU Assurance person Sue Horlin said: “Historically, 95% of Assurance graduates came from accounting majors, and they volition ever beryllium astatine the bosom of the high-quality work we provide.

“But arsenic AI reshapes our business, we request the close graduates with the close skills to conscionable the infinitesimal for our concern and our clients. A greater premix of graduates with antithetic capabilities volition empower america arsenic we harness AI and crook disruption into growth.”

To enactment the change, PwC Australia has created an interior pathway aligned with Chartered Accountants ANZ (CA ANZ) requirements.

This means candidates from non-accounting backgrounds tin commencement their chartered qualification wrong six months, alternatively than the accustomed 2 years.

The pathway volition beryllium disposable alongside the company’s 18‑month postgraduate programme, which includes tailored coaching, AI grooming and aboriginal vulnerability to lawsuit work.

PwC Australia says AI has already taken implicit a scope of repetitive, time-intensive tasks antecedently handled by inferior staff, allowing graduates to absorption sooner connected higher-value, client-facing assignments.

In October past year, PwC Australia launched a planetary aviator programme designed to assistance clients modulation to a $1bn (A$1.43bn) AI-native audit platform.

"PwC Australia revamps assurance postgraduate intake" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.

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