NEW YORK, June 24, 2014 (GLOBE NEWSWIRE) -- KPMG LLP, the U.S. audit, tax and advisory firm, and the National Association of Black Accountants, Inc. today announced the University of Maryland won the 2014 KPMG/NABA Case Study Competition. The two-day event was held during the annual NABA, Inc. Conference & Expo in Washington, D.C. last week.
The competition involved 12 teams representing universities with NABA chapters from across the United States and focused on critical thinking and presentation skills. The four teams with the top scores after the first round competed again in the final round. The University of Wisconsin-Madison was the runner-up.
"The KPMG/NABA Case Study Competition provides participants with an opportunity to develop and showcase skills that they'll use throughout their careers on a daily basis," said Reggie Reed, a KPMG Audit partner who served as one of the competition's judges. "Companies operate in an increasingly complex and global environment, so the ability to think critically, assess risk, and have a global perspective are important traits that organizations like KPMG are looking for in recruits."
Each team identified and analyzed the issues associated with an MBA-level case study. The students then presented recommendations that incorporated their knowledge of the current global marketplace, giving consideration to cultural, economic, political and other factors that would impact a successful implementation.
"KPMG is an organization that's committed to diversity and inclusion and we're pleased to continue to collaborate with them on this competition," said Kenneth E. Cooke, CPA and Chairman of the Board, NABA, Inc. "The KPMG/NABA Case Study Competition gives our NABA chapter students a chance to take what they've learned on campus and apply it in a real-world, professional scenario -- it's gratifying to see how they rise to the challenge."
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries.
About NABA, Inc.
Founded in December 1969, the mission of NABA, Inc. (www.nabainc.org) is to address the professional needs of its members and to build leaders who shape the future of the accounting and finance profession with an unfaltering commitment to inspire the same in their successors.