starting a firm

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srinath (Querist)
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07 September 2009 sir, i am a student of pce scheduled to complete my final nov10. i am contemplating to start a firm with my frnds, say ten partners and gradually expand it to all over india. our real aim is to drive out the foreign firms. i wanna know whether is it possible? is it realistic and practically possible? in present scenario whether new CA's can get big company audits? is it trying worthwhile? ... i would be glad if u existing CA's provide ur valuable inputs to me in this aspect

Kaustuv

Kaustuv (Expert)
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11 September 2009 Its very encouraging to read your queries. I won't comment directly on your queries. But I would share some of my experiences with you. Remember this is the age of networking and capacity building. Almost all the first tier firms in India are associated with one or the other global network of accounting firms. That way they leverage on being present all over the globe and in every possible field a corporate ever wants. Your firm should be a one stop solution of every corporate needs. Either you provide them in house or you have to have tie-ups with other provider. Having an experienced and professional resource pool is a pre-requisite. You may not get the listed company audits at the very first place. In fact, you should not! I can go on and on in this matter but concluding here. Please do not hesitate to contact me in case you need something. All the very best!