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ARTICLESHIP

09 January 2011

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4 Replies

* Krishna * (CA Student) (6149 Points)
Replied 09 January 2011

In Big4 firms, your duty is restricted to statutory audit only as you mentioned. Moreover, in general in big4 firms, students gets specialized in only one field depending on the department they are being posted. So as per your desire to achieve Rank and also have to exposure to multi fields like both tax and audit, then I advise you to choose for M/s.Chaturvedi & Shah as you mentioned. There you can do several kinds of audit and tax related works, thereby your exposure increases and it helps you in your final studies too. You can also try for M/s.SS Kothari in Delhi, it is also a big firm who are having big experience personalities working there. You can just once check their website and take an informed decision. No doubt in Big4 firms, they pay you more stipend than others, but in other firms too they are paying a decent stipend but not bad. But in any firms there will be some over working hours at the time of audit periods, so be prepared for that. All the best.

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CA Sandeep Kumar (Audit Assistant) (804 Points)
Replied 09 January 2011

Hi Bhawna, you have a problem, and it is a good problem to have! To choose between big fours and other audit firms. First of all, if any of your family members/family friends are CAs consult them first, take their suggestions. I would like to share a lot with you as i have finished articleship and have spent a good 4years! But this forum may not be enough for me to advise u properly as respected members are in big fours and in medium firms too. However if you are able to manage following things by joining a firm, then that firm should be ok!

1> U need a minimum of 20-25 hours of study in a week, both theretical aspects and practical aspects.

2> U need to attend coaching classes, not that u cannot manage by yourself, but it would make job easy, i recommend it.

3>U need a minimum of 4months exam leave for the first attempt

4>U should get exposure in many areas, not restricted to tax/audits alone!

5>By saying minimum exposure i mean, corporate audits (banks, limited/pvt cos), non profit organisation audit, firms/individuals, tax audits, (read income tax and other indirect taxes wherever i mention tax) exposure in preparing project reports, financial analysis, cost analysis, etc. U may not get everything in a firm, but select which gives u majority of what i have mentioned.

The above list is only a sample, for further queries please feel free to write to sandeep_2686 @ yahoo.co.in

Appreciate u consulting the CCI members in choosing a firm, but make sure u don mention the name of the firm. Wait for other members to respond. I did suffer a lot in selecting a firm which did not suit me, u don make that mistake, this is the intention in which i am showing so much interest.

Good luck.

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RIMA TAUNK (ARTICLE ASSISTANT) (56 Points)
Replied 09 January 2011

Could any one suggest me?I m also an PCC student and have completed 2 years articleship,but frm very small district.though i remain busy during office hours but i m not satisfied with my work experience.I have done tax audits,Not for profit making organisations,I & E & service tax audit,ITR filling etc. but i wanted to broaden my work experience.