Chartered Accountant CA Articleship: How to Search for Firms Training

Transcription

Chartered Accountant CA Articleship: How to Search for Firms Training
India Point Web Network : Archives | CA | Social Science
Chartered Accountant
The Diversity Challenge in Financial Consultancy
HOME
NET WORK
CAT EGORY
CA PAGES
« Motivation for Success in Chartered Accountancy (CA) Exams: Cases of Real CAs
Articleship Training: The Areas of Training »
CA Articleship: How to Search for Firms for Articleship
Training
Posted by Anup Mukherjee on 3 November 2010, 12:11 pm Category Articleship Training Tagged CA Articleship ,
Courses Last Update: 5 November 2010, 8:05 am
D o wnlo ad t he art icle as PD F
Good Firms for Articleship?
In the comments to previous articles of this blog like So you
want to do Articleship?, of ten students keep asking f or a list
of ‘good’ CA Firms. I would again repeat what I have written in
replies that there is no such list of ‘good’ CA Firms. All f irms
are good provided one f its in it.
1. Good Firms for Articleship?
2. The Dynamics of CA Firms
3. Tips for Finding Firm for
Articleship Training
4. Researching the Background
of CA and the Firm
Yet searching f or a list of Firms? Yet conf used, why there is no such list? If you are a CA student,
and still trying to f ind a f irm f or articleship training, then read on.
While the ICAI has members directory, the CAs and CA Firms cannot be f ound as brand products.
T he reason is simple. CA f irms cannot advertise their services ! Consequently, the students of
Chartered Accountancy Course are hard pressed to f ind f irms f or articleship training. Of ten
students would like to have a list of “good” f irms.
The Dynamics of CA Firms
SIT EMAP
COPYRIGHT
Be f o re Yo u Rush: Befo re
asking any questio n, please
read the entire article and
previo us co mments. While
co mments o f thanks etc are
welco me, repeat questio ns
o r issues already dealt with
in the article will no t be
answered. Also , no queries
will be replied o n email.
Whatever be the query it
sho uld be asked o n the
co mment system.
To search o nly articles use:
Search CA Blo g
To Search Co mments also
use: Ne t wo rk Se arch
Page
RECENT COMMENTS
› Anup Mukherjee o n So Yo u
Want To Do Articleship?
› Nitin Pant o n So Yo u Want
To Do Articleship?
› Vishal Pawar o n Mo tivatio n
fo r Success in Chartered
Acco untancy (CA) Exams:
Cases o f Real CAs
› IFRS o n Finance and
Acco unts – Co urses
› Anup Mukherjee o n
PDFmyURL.com
Articleship: Certain Rules
However, in a way all f irms are “good”. Its only a matter as to how one f its in to that f irm. But more
than that, the dynamics of f irm is dependent on various f actors that makes it good or not so
good f rom the perspective of the student:
1) Availability of work: T he CA student is brimming with drive to get opportunity to do work that
is meaningf ul to him. So s/he would pref er to do training in a f irm that has plenty of work. However
f rom perspective of f irm ‘work’ is not static. T his may change f rom time to time. For example, (a)
f irms having statutory audit of banks f or certain number of years are put on compulsory rest f or
certain years. (b) T he clients may change due to nature of work. For example when use of internet
f or ef iling of returns had started, it created a situation where some CAs did not have adequate
inf rastructure, and theref ore they had to outsource their work to other CAs ! And so on…
2) Division of Work among Partners: T he Partners may have divided the work among
themselves. So one partner may be f ocusing on Income Tax, the other may be on Company Laws
and the third one may be looking af ter Audit. So, the student doing articleship under the particular
Principal would have more of particular kind of work. In one of the f irm where I did articleship, my
Principal was looking af ter income tax, so I had more of income tax, whereas the other partner
was looking af ter Company Law, so Company Law related work was nearly non existent f or me.
3) Standing of the Firm: Of ten new f irms do not have much work. However, such CAs are more
accessible to their Articles. And also of ten such CAs get dif f erent kinds of outsourced works f rom
other CAs. In contrast big f irms may have large number of works, and due to the nature of work,
the Article working in a Big Firm may be doing only one kind of work without getting exposure in
other aspects.
4) Departmentalization in the Firm: Some f irms pref er to organise their work in departments,
and they tend to assign their Articles to such departments. So, an Article working in one
department may not be aware of the intricacies of working of the other department.
5) Career Objective of the Article : A simple thumb rule is that if the objective of Article is to go
f or employment af ter qualif ying, then they should go f or Bigger f irm, and join the particular
department in which one wants to make a career. In contrast, f or those who want to go f or
Practice it is pref erable that they join a mid-size f irm where one can get diversity of exposure.
6) Taking Transfer: ICAI keeps on changing the rules of transf er f rom time to time. However, f or
the student, it is of ten a good thing if they work in more than one f irm in their span of articleship
duration. T his is because, this gives them exposure of working of dif f erent f irms, and also
Acce pt able Use r
Be havio ur
1) Do no t co py-paste
co mplete article o n any
webpage o r website
2) Instead yo u can po st the
link OR sm all e xt ract and
t he link
3) If yo u want to distribute
the co ntent - then do wnlo ad
the article as PDF.
The PDF link is given o n
every article page highlighted
in yello w.
All Pages are Print Friendly.
Sitemap | Abo ut | Co ntact |
Privacy
TAGS
CA
Articleship
Audit Budget
Commercial Law
Courses
EPFO
Et hics Financial
Accounting Income
Tax InTech Jabalpur
Office Rupee
PDFmyURL.com
exposes them to dif f erent temperaments of CAs. T his is quite helpf ul f or them in their career.
7) City of Articleship : In general, the economic scene in India is pretty much skewed. And CA (in
most cases) being a localised prof ession, the kind of jobs that come to CAs are most of the time
local. So a company in say Hyderabad would not go to get its audit done f rom a Kolkata f irm. T his
leads to a situation, that in cities where there is lots of business the work available is more. So in
Metros and mini Metros, there is of ten a better chance of a good exposure than doing articleship
f rom other towns.
Another thing is that of ten in a city where there is a High Court, the Tax related works are to be
f ound with Lawyers. T his is because, Lawyers can represent their clients in Tribunals and also
High Court and Supreme Court. Whereas, the CA cannot represent the client in HC or SC. (And till
date NT T has not come into existence). So in such cities while the Tax audit work would come to
CA, in many cases, the tax work would remain with the Lawyer.
8 ) T he Local Language: T his is an important aspect, which is of ten not understood. T here are
various local laws that a business has to comply with. Like Sales Tax, Municipal Laws etc. Apart
f rom this, there are local purchases etc. Of ten, such records are in the local language. Moreover,
whether it be work of audit or tax, the people one is dealing as an Article, are more conversant
with the local language. So, unless one knows the local language well, it becomes dif f icult to
understand or extract inf ormation f rom the clients.
Tips for Finding Firm for Articleship Training
Generally one should start searching f or the f irm in right earnest af ter one has appeared f or the
exam. One should be clear as to what one wants to do in lif e. Because at this stage where one is
going to do articleship, it is like getting initiated in the Prof ession. If the student have a clear idea
of his career objectives, then the three years can be most productive and a stepping stone to a
successf ul career.
1) ICAI Articleship Portal: ICAI has started the Articleship placement portal at
http://bosapp.icai.org/. T his is currently (ie. 2010) working in the NCR / Delhi region. Hopef ully, this
f acility would get extended f or other parts of the country.
2) Advertisements in the ICAI Offices: Vacancies f or Articleship are of ten advertised on the
notice board of ICAI regional of f ices, and branch of f ices. T his is a good place to start meeting
CAs, seeing their of f ice and inf rastructure, and also f ind the going rate of stipend.
RECENT POSTS
› Articleship Training: The
Areas o f Training
› CA Articleship: Ho w to
Search fo r Firms fo r
Articleship Training
› Mo tivatio n fo r Success in
Chartered Acco untancy (CA)
Exams: Cases o f Real CAs
› Ten Reaso ns to Think
befo re jo ining Chartered
Acco untancy (CA) co urse
› Indian Rupee (INR) Gets
Symbo l
CATEGORIES
› Acco unting (3)
› Articleship Training (7)
› Auditing (2)
› CA Articleship (1)
› EPF (1)
› General (7)
› Info Tech (2)
› Law (1)
› Tax (3)
PAGES
› Befo re Yo u Rush
› CA Blo g Newsletter
› CA Bo o kmarks
› CA Sitemap
› Sto ck Market
TAGS
Advertising Banking
Bikes
Bollywood
BSNL Career Chevrolet
Car Climate
Computer Culture
PDFmyURL.com
3) Advertisements in Newspapers: Of ten CA Firms advertise f or vacancies in their of f ices
through Newspapers. One can give a shot to such f irms f or vacancies f or Articled Assistant.
4) Finding Firms from Published Accounts: Published accounts are of the listed companies.
Such data is of ten available on the websites of the companies. While many big companies as a
thumb rule get the accounts audited by Big4, but f or others, its other CA f irms that do the audit.
5) Internet Sites and Job Portals: Now a days, I f ind that vacancies f or Articled Trainees are to
be f ound even on job portals like Naukri.com !
6) Finding Firms from the Eligible list of Bank Auditors: Every year, ICAI puts out the list of
f irms who are empaneled f or that year of bank branch audit. For example f or the year 2010-11,
the empaneled list is hosted at: http://www.mef icai.org/cov_letter.html
7) Finding Firms from list of CAG Empaneled Auditors: Similarly the list of auditors empaneled
f or
audit
of
Govt
companies
are
hosted
by
CAG
at
http://cagof india.delhi.nic.in/caempanel/empstat.asp
T he f irms empaneled f or PSU audits with CAG (in general) can be considered to have adequate
work f or the Articled Trainee.
8 ) Getting Information from other sources: One can get inf ormation f rom relatives, f rom
business f riends or contacts. Of ten accountants working in private companies would be able to
tell about a f ew CAs who had done audit in their company. Even big shops like big Hotels, branded
shops, big hardware shops etc can provide the names and details about CAs who do their audit
or tax work. Even your local Bank branch manager or stock broker can direct you to some CA
whom s/he knows.
Durga Puja
Essays
India-News
Internet
Jabalpur
KangarooKids
Kids Mobile Phones
Perspective
Plagiarism Poetry
Religion
Shopping
Sports Successf ul Lif e
Tea
Technology
Travel
CA BLOG
NEWSLETTER
email
Subscribe
Researching the Background of CA and the Firm
ICAI provides updated inf ormation about the CAs and Firms online. T his can be accessed f rom:
For members search: http://icai.org/post.html?post_id=1812&c_id=92
For Firm search: http://icai.org/post.html?post_id=1813&c_id=93
T he details one can get are: Year of becoming ACA & FCA, the address of the f irm. T he details
PDFmyURL.com
about the partners, addresses of the branch of f ices of the f irm.
I hope that the above inf ormation would be suf f icient f or students to make a list f or themselves.
Related Posts
1.
2.
3.
4.
5.
Articleship Training: T he Areas of Training
CWA: A Better Career Option?
So You Want To Do Articleship?
CA Articleship: Latest Changes
Articleship: Certain Rules
Filed under Articleship Training
Tagged CA Articleship , Courses
Co mment (RSS) | Trackback | Permalink
D o wnlo ad t he art icle as PD F
Co mme nt (s ) Pag e s
Leave a Reply
N ame (re q u i re d )
M ai l (wi l l n o t b e p u b l i s h e d ) (re q u i re d )
We b s i te
No tify me o f fo llo wup c o mme nts via e -mail
Submit Co mment
PDFmyURL.com
Sub s c rib e witho ut c o mme nting
E-Mail:
Subscribe
« Motivation for Success in Chartered Accountancy (CA) Exams: Cases of Real CAs
Articleship Training: The Areas of Training »
India Point Web Network : Archives | CA | Social Science | Anup | Isha | IndiaPoint.org | Online since 2003 | A Voluntary Effort
Co pyright © 20 0 3 – 20 10 | Po wered by Wo rdPress. Theme F2.
PDFmyURL.com