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cleared ipcc now wot????????

08 February 2010

heyya every1 out dere who hv passed ipcc gr 1 or both now wats next?what to do now ?how to go abt articleship ?i m totally confused ...... need ur suggestions ....wot r u guys upto???

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Shiva Kumar (CA Final) (208 Points)
Replied 08 February 2010

Congrats First for clearing IPCC.

Now is the time for Articleship for you.

Get to know from your seniors / teachers under whom you learnt for IPCC and prepare a list of firms in your area. For this you can also visit the Institute as it gives the list of MEMBERS in an area.
From that list, try to select a medium firm preferably. If you ambitions regarding the bigger firms, there is a lot you need to sacrifice (But it will be a good experience). However, my advice is a medium firm.
Don't get into any firm which catagorises into "Audit" / "Tax". Try to get into a firm which gives you overall exposure. There is enough time available for you to Specialise in a field. That is after clearing CA, you can join a reputed Tax firm for a year or two and specialise. What you now require a wholesome training.
Never get tempted by the Stipend that is being paid. You are there to learn. Your ambition should become a CA and not a "Glorified / Greatest Articled Assisstant in the World". Most people failed in CA Final / CA PCC because they thought they were working and the entire office was running on there head.
This is because you will get addicted to the respect you get. You might be hardly 20, but a person of your father's age will stand before you and say "Sir" / "Madam", will take lunch orders from you and will treat as the most important person in the world.
Also, enquire whether the firm has Outstation Audits and if so at what frequency. The Outstation Audit is much more fruitful than a Local Audit because, you will have no one to help you and hence you will be on your own. You will be given an advance which you need to manage with and be in a place which is totally alien to you. It will develop you as a person.
But at the same time, enquire whether, it will possible to attend for classes
Duration of Exam leave
Whether they will not post you on Outstation audits in last six months before the Exams.
HOw often it is required to sit late and whether if sat late, will there be any benefit like extra off given apart from your exam leave.
You must collect this info from your seniors and from the firm itself. Certain questions are not to be asked to the firm.
Best thing is to go to Onile Community like Orkut, facebook search for CA students and your locality. Get to now from them, how these done.
Evaluate and prepare a Resume with your name, address, qualification, a Certified Copy of all your mark sheets, any conduct certificate given by your school college. Quote your achivements in extra curriicular activities and attach those certificate's copy.
I think I have covered most things. There are other things which are not MATERIAL. Get used there words.

Good Luck

Shiva

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if i cud fly (#) (381 Points)
Replied 09 February 2010

thnx shiva 4 ur meaningful n helpful suggestions

RISHABH KUMAR BAID (ARTICLE TRAINEE) (30 Points)
Replied 11 February 2010

I HAVE A DOUBT AS TO THE PROCEDURE FOR REGISTERING FOR ARTICLESHIP AFTER IPCC..... AND IS THERE ANY SPECEFIC FORM OR PROCEDURE..... THE INSTITUTE IS UNABLE TO REPLY FOR THIS?????????