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plz help

harsh batra (student) (244 Points)

09 February 2011

plz tell me that which department should i opt for articleship

statutory audit

internal audit

taxation

plz reply

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6 Replies

santhosh prasanna (Manager Finance) (280 Points)
Replied 09 February 2011

If you want to join as employee in a company after completion of CA you can opt for internal audit otherwise taxation.

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mWazz (CA-Final) (473 Points)
Replied 09 February 2011

See your interest forst..

Because once you choose, you will have to deal with it the whole life..

harsh batra (student) (244 Points)
Replied 09 February 2011

i have cleared ipcc n gng for articleship which deptt should i opt for

hw cn i think abt interest now i dont know which 1 is better

Siddharth (Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!) (672 Points)
Replied 09 February 2011

Does the firm you have applied to, is asking this?

If so, nothing is better... It's your call.. whatever interests you. It is not like you have to stick with it for life, you can also request your principal to allocate other areas too.

Statutory audits, if conducted at client's place, you will have to visit lots of different places, outstation maybe. More emphasis on statutory requirements. As they have ends, you won't be stuck with one entity forever. They're a treat for foodies... you might be having a king's leisure. But, can be hectic and drain you out.

Internal audits are continuous and you go the same place almost everyday. More emphasis on internal rules and regulations and statutory. Maybe possible you end up going the same place throughout your articleship. Pros would be, if there is no one to watch you can bunk at times, beware of getting caught. ;) This can be good if you intend to open up your business someday. Get acquainted to office politics... ;)

Taxation, you can have return preparations, tax planning, consultancy. Always under the eyes of people..

If you ask me, if I really had to choose and I couldn't change, I'd say Tax, less pressure and you learn something which can be useful in day-to-day life. You can file returns of neighbours.. ;)

I also recommend you to ask your seniors/ principal to allocate different kind of assignments. For them, you are someone to do work, for you they are someone to learn from.