Switching from service to practice

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 May 2014 I am a CA with 15 years of experience in industry mainly in MNCs and currently working at senior finance position. Over the years i have gained good experience in all gamut of finance and not i am thinking to start my own practice/consultancy. I understand it will take 2-3 years to establish myself but i feel looking at the the current compliance level in India there is huge opportunities for CAs. I want to start practice in Bangalore. I would like to take expert advice on my thought and how i should take it forward. I will also be keen to join exisiting firm if someone can suggest.

Nitin Bhuta

Nitin Bhuta (Expert)
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27 May 2014 Unless and until you are extremely sure and confident of establishing in the practice I would recommend you to stick to Industry as practically industry experience and practice experience is completely different.