Summer 2022’s Top 10 Accounting Internships For Undergrads

accounting firm internships

 

7: Armanino LLP Audit, Tax and Consulting Internships

Vault score: 9.154
Academic level: College sophomores, juniors and seniors
Compensation: Paid
Duration: 6-12 weeks

Armanino is the largest accounting and business consulting firm headquartered in California, and the 21st largest in the U.S. Its revenue in 2020 was $359 million. Focus areas include consulting, risk assurance and advisory, business management/family office capabilities, and blockchain. Vault also ranked this internship #13 in Best Internships for Diversity and #18 in Best Internships for Employment Prospects.

About the internship: Armanino offers both summer and winter internships in audit, tax, consulting, business management, risk assurance and advisory. Interns get the same exposure to the firm as staff-level hires. Interns also get to participate in Intern Week and Fun Fridays for cross-functional professional development and networking.

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6: CohnReznick Imagine More Internship Program

Vault score: 9.211
Academic level: College juniors, seniors and recent graduates
Compensation: Paid, academic credits
Duration: 6-12 weeks

CohnReznick provides advisory, assurance, and tax services to a variety of industries including affordable housing, commercial real estate, construction, private equity, financial services, hospitality, consumer, renewable energy, technology, cannabis, healthcare and more. It employs more than 3,000 people and has approximately 275 partners. Vault also ranked this internship #11 in Best Internships for Racial & Ethnic Diversity and #18 in 100 Best Internships.

About the internship: Interns engage in client-facing assignments, receive strong mentorship, and participate in professional development programs.

Typical responsibilities for assurance/audit interns:

  • Work on all aspects of an audit including cash, bank reconciliations, auditing accounts payable, performing searches for unrecorded liabilities, maintaining confirmation logs and preparing audit work papers;
  • Assist with Audits, Reviews, Compilations and Accounting services;
  • Resolve audit issues by obtaining evidence and making inquiries of clients; and
  • Assist team with daily client workflow.

Typical responsibilities for tax interns:

  • Work on a variety of client deliverable including preparation of tax returns, including Individuals, Partnerships and Corporate tax returns;
  • Identify potential tax issues and prepare tax adjusting entries and tax trial balances based on audited or client provided trial balances; and
    Assist team with daily client workflow.

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5: Grant Thornton Internship Program

Vault score: 9.284
Academic level: College juniors and seniors
Compensation: Paid
Duration: 6-12 weeks

Grant Thornton International Ltd is one of the world’s largest independent audit, tax, and advisory firms with revenues of more than $1.9 billion.It operates 53 offices and works with a broad range of companies, government agencies, financial institutions, and civic and religious organizations. Vault also ranked this internship #9 in Best Internships for Employment Prospects and #15 in 100 Best Internships.

About the internship: Interns learn the day-to-day value they can add to clients by working alongside members at every level of the organization. Interns will also participate in community activities and build lasting relationships with Grant Thornton.

Typical responsibilities:

  • Work on a variety of client engagements in varying industries
  • Meet with mentor for regular feedback and professional development
  • Participate in team-building exercises

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4: PKF O’Connor Davies Internship Program

Vault score: 9.307
Academic level: College sophomores through seniors
Compensation: Paid
Duration: 8 weeks

PKF O’Connor Davies, one of the largest first in the Mid-Atlantic region, provides audit, tax, and consulting services to clients around the world. The accounting and advisory ranked No. 27 on Accounting Today’s 2021 Top 100 Firms list. Vault also ranked this internship #5 in Best Internships for Diversity and #5 in Best Internships for LGBTQ+ Diversity.

About the internship: Inters are immersed in PKF O’Connor Davies’ culture. They acquire hands-on experience, broaden their professional networks, and participate in community services and firm social events. Summer Audit Interns assist in real audit projects for clients and do market research for presentations to firm leaderships.

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Next page: Best Investment Banking Internships, Nos. 3-1 + Methodology

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