Pros
KPMG provides accounting graduates with a great opportunity to gain valuable experience and knowledge all while receiving a large amount of vacation and receiving comparable pay relative to the other Big 4 firms. KPMG is strongly promoting their Employer of Choice iniative which is evident in the way they treat their employees, random gifts and perks, special discounts(CPA exam reimbursement, CPA bonus). KPMG continues to promote knowledge sharing and provides a large amount of training that will benefit any person who makes accounting a career choice.
Kontras
As with any Public accounting job the hours during busy season can be rough. In smaller offices I heard hours can be even worse than in Dallas. Although there are some 70 hour work weeks there are other periods when there isn't a lot of work to be done. It all balances out. It often feels like some Partners in the firm seem distant and above the interns/associates, but that has gotten better over the course of the last three years. At times I feel as though the communication between the national office and local offices is lost.