pal (jj) (41 Points)
14 February 2014guyss i have cleared my both groups of ca ipcc and now i am very much confused what to do.
where to apply?? how to apply?? apply in big firm or medium firms?? audit or taxation??
i am surrounded by all these problems in my mind..pls help me as to what to do....thanks a lot in advance...
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 14 February 2014
First congrates dear.
You should go for big firm there be more exposure and exprience too. Medile frim is also not bad choice but try first in Big frims.
I think you should not be worried about the taxation or audit bcs in the artcleship u should not be restircted to any one. u have to know about all thing atleast during the artcleship. after that u may make ur carrier in any field. During the Artcileship u should grab all the opprtunities as u can obtain and learn.
Hope u feel better.
Farooq
(Business)
(30 Points)
Replied 15 February 2014
Arpit Pachisia
(CA)
(734 Points)
Replied 15 February 2014
Well in my opinion, opt for medium firm, as there you will get the opportunity to learn there near about whole work of Income tax, sales tax, service tax and can go for audit. This is that platform where you shine your skills with the work. Atleast you got a concise and brief knowledge about each and every field.
The biggest drawback for a big and large firm is that you got only specific knowledge in one field. there is not that much big scope for any other fields. but this might be good for yourself if in future you want to go for job. but I personally never suggest any person to go for big firms, if they want to do practice in near future.
Rest you know the best for yourself.
Thanx
Rahul jain
(LEARNING & TEACHING)
(435 Points)
Replied 15 February 2014
pal first of all many many congrtatulations....
in my opinion u should go in firm,where all kind of work u can learn. like taxation,audit,financial and accounting.
dnt hesistate in any query just asked and always try to gain and learn,,,,,,this the grt platform to all articles...
SUMIT KUMAR JANGID
(CA FINAL STUDENT)
(136 Points)
Replied 15 February 2014
Hey Buddy Congrats !!
All of the above suggests you for firms level, Let I suggest You Formlties for Articleship as Following :-
Form for Articleship You have to purchases from CA Institute.
For Permission to Study other course the form as https://220.227.161.86/10846form%20112_std.pdf]
And Deed of Articleship is https://220.227.161.86/7543st_f102.pdf
SamTK
(Chartered Accountant)
(194 Points)
Replied 20 February 2014
Always go for mid-sized firms. It has numerous advantages.
First, you'll work across-the-board throughout the spectrum. You'll learn, basic accounting, full-fledged auditing, taxation, both direct & indirect, company law, etc.
In our firm, each article is assigned a few particular companies which the article leads throughout the year. The article assigned is responsible for everything that concerns the auditee-company, from basic accounting, consulting on their accounting policies, auditing from vouching to finalization, tax audit, computation of income, and finally company law, i.e. ROC forms and stuff.
If you work for a big-firm, you'll be assigned a specific role, for instance, audit(it's almost always Audit). And even in Audit, you'll be assigned a specific part of the Company's affairs, for example auditing for Fixed Assets/ Current Liabilities/ Loans etc. While working at a big firm does make you a tad-bit more professional, your communication skills would definitely improve, you'll pretty much live a proper Corporate-life. But apart from that, there isn't much you'll be offered.
I've had the privilege to talk to a few recruiters in the past, and most of them unanimously agree to the fact that interns from Big4/other big firms are only well-presented. Interns from mid-sized firms, on the other hand have adequate professionalism, such that it does not offset the balance, but they do outcompete their Big4/big-firm peers in terms of knowledge in all the fields.
So, well, always go for a mid-sized firm, in my opinion.
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