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Audit vs tax

30 October 2014

Sir, i have a question.what are the specialisation area are available for doing articleship?? And is there any rule to choose either a or b i am very confused. Thank you

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6 Replies

sagar parakh (Group 2 Cleared) (317 Points)
Replied 30 October 2014

Basically there are 2 fields in Articleship period..One is Tax and other is Audit..which is further bifurcated into various fields.

Such as In Audit,Internal Audit,Statutory Audit etc.

And in Tax,Transfer Pricing etc.

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Abhijit Debnath (B.Com) (47 Points)
Replied 30 October 2014

Thank you sir is it necessary to choose any one area or both area ??

sagar parakh (Group 2 Cleared) (317 Points)
Replied 30 October 2014

It depends.

If you opt for small firm,you will get to know about both fields and if opt for mediocore or big firm,you have to choose one out of two. Since in Big firms,there are seperate division for Tax and Audit.

Refer this also : https://www.forum.charteredclub.com/threads/what-should-i-opt-in-articleship-%E2%80%93-audit-or-tax.1553/

Abhijit Debnath (B.Com) (47 Points)
Replied 31 October 2014

Is it possible to work in a mid size firm then transfer to big4 thank you

sagar parakh (Group 2 Cleared) (317 Points)
Replied 31 October 2014

Yess... Transfers are allowed.

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Abhijit Debnath (B.Com) (47 Points)
Replied 31 October 2014

Thank you sir for above information, sir big 4 firms accept those kind of transferred trainees ??? Means if i already worked 1 year mid size then take transfer.so my question is will they give chance to me?? I think that first i choose mid size firm to find my intrest between tax vs audit then i take as per my intrest so is it possible.