Job Description
The Chartered Accountancy course in India entails three years of articleship which is to be pursued after clearing Group 1 of Intermediate and completing both ICITSS-ITT and ICITSS-OC.
However, there are certain information that is not normally available. So, the not so common rules and information that I have found through my struggles during articleship.
One has to alsocomplete his/her MCS-advance IT and MCS-orientation course during articleship before appearing for CA final exams.
IMPORTANCE OF ARTICLESHIP IN YOUR CAREER
The Chartered Accountancy course in India is amongst the best of its kind in comparison to the courses offered in other countries. Also, it is rated as one of the most difficult professional courses among all other streams of education in the country. The reason for the above is the quality and values that the profession of Chartered Accountancy has, and which it wishes to retain. The vast curriculum, along with the rigorous practical training requirement (Articleship), is to ensure that the competent professionals carry the baton of the profession forward. Theoretical knowledge or practical knowledge alone cannot make a perfect professional. Both theoretical and practical aspects should go hand in hand to become an extra ordinary professional. The potential employers invariably examine whether the CA has the conceptual clarity and more importantly knows how to apply the theory learnt. The disparity in the salaries offered at the campus highlight this difference. Practical training helps to inculcate a disciplined attitude for smart work and develops the necessary skill for the application of theoretical knowledge to practical situations. It is estimated that those students who apply what they learn in the work done [statutory/ internal audit,tax audit͙] as well as learn the theory behind what they have been would be greatly advantaged in their examination especially at the final level. Articleship is the golden period of a CA Student’s career. How a trainee undergoes it, would have an impact on what type of CA he/she is destined to become. Taking Articleship lightly would have an adverse impact on training and overall learning experience.
Out of these 3 years of articleship,2 years of articleship are mandatorily required to be served under a chartered accountant in practice . However in the last year of training , a CA student may either continue his training under chartered accountant in practice or enroll himself for training under a chartered accountant in employment. Training under a chartered accountant in employment is called industrial training. This is useful when one has to indulge in employment after qualifying CA .This is also useful for campus recruitment organized by ICAI.
However industrial training can be undertaken only during the last 1 year of Articleship and the period of Articleship Training shall be minimum of + months and maximum 12 months. (Although transfer during the articleship is allowed only during 1st year and not in 2nd or 3rd year , a student is allowed to take transfer in the 3rd year for the purpose of industrial training)
Job Types: Full-time, Fresher
Pay: ₹7,000.00 - ₹10,000.00 per month
However, there are certain information that is not normally available. So, the not so common rules and information that I have found through my struggles during articleship.
One has to alsocomplete his/her MCS-advance IT and MCS-orientation course during articleship before appearing for CA final exams.
IMPORTANCE OF ARTICLESHIP IN YOUR CAREER
The Chartered Accountancy course in India is amongst the best of its kind in comparison to the courses offered in other countries. Also, it is rated as one of the most difficult professional courses among all other streams of education in the country. The reason for the above is the quality and values that the profession of Chartered Accountancy has, and which it wishes to retain. The vast curriculum, along with the rigorous practical training requirement (Articleship), is to ensure that the competent professionals carry the baton of the profession forward. Theoretical knowledge or practical knowledge alone cannot make a perfect professional. Both theoretical and practical aspects should go hand in hand to become an extra ordinary professional. The potential employers invariably examine whether the CA has the conceptual clarity and more importantly knows how to apply the theory learnt. The disparity in the salaries offered at the campus highlight this difference. Practical training helps to inculcate a disciplined attitude for smart work and develops the necessary skill for the application of theoretical knowledge to practical situations. It is estimated that those students who apply what they learn in the work done [statutory/ internal audit,tax audit͙] as well as learn the theory behind what they have been would be greatly advantaged in their examination especially at the final level. Articleship is the golden period of a CA Student’s career. How a trainee undergoes it, would have an impact on what type of CA he/she is destined to become. Taking Articleship lightly would have an adverse impact on training and overall learning experience.
Out of these 3 years of articleship,2 years of articleship are mandatorily required to be served under a chartered accountant in practice . However in the last year of training , a CA student may either continue his training under chartered accountant in practice or enroll himself for training under a chartered accountant in employment. Training under a chartered accountant in employment is called industrial training. This is useful when one has to indulge in employment after qualifying CA .This is also useful for campus recruitment organized by ICAI.
However industrial training can be undertaken only during the last 1 year of Articleship and the period of Articleship Training shall be minimum of + months and maximum 12 months. (Although transfer during the articleship is allowed only during 1st year and not in 2nd or 3rd year , a student is allowed to take transfer in the 3rd year for the purpose of industrial training)
Job Types: Full-time, Fresher
Pay: ₹7,000.00 - ₹10,000.00 per month
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