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#ca articleship
maitrisharma511 · 11 months
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Complete Steps On How to Choose the Best CA Firm for Articleship in India 2023
Are you a Chartered Accountancy student looking to join a chartered accountancy firm for an articleship in India in 2023? If so, you must carefully consider your options and make the right decision for your career. This blog post will provide a complete guide on selecting the best CA firm for articleship in India in 2023. We will discuss the important factors you should consider when making your…
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papertax · 2 years
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What Is CA Articleship? Importance and Eligibility.
To succeed in any professional field and emerge as a leader, one must possess the best combination of abilities given the fierce rivalry present within each individual professional discipline. One needs the proper credentials and training to obtain unrestricted exposure to the numerous situations that emerge in any job in order to be a master in that sector.
The profession of chartered accounting has gained recognition as one requiring a high level of expertise. Chartered Accountants who have successfully completed their CA-IPCC are required to complete a 3-Year practical training phase known as the CA Articleship.
After completing the CA-IPCC, students in the field of chartered accounting are required to participate in the CA Articleship, a three-year practical training programme that exposes them to real assignments while being supervised by professionals at a chartered accountancy firm.
The elite field of chartered accounting requires a greater level of competence from its practitioners in order for them to handle the occasionally hard situations that are presented to them. Through the three-year CA Articleship programme, students get firsthand experience with the situations and real-world scenarios that arise during assignments as chartered accountants. As a result, the programme shapes the students to adopt and implement the necessary responses, decisions, and approaches that will enable success as a chartered accountant.
Importance:
A CA student's initial exposure to a chartered accounting firm's operations comes through the articleship programme, which also gives students a firsthand understanding of the duties, requirements, and expectations of a CA professional. One receives a sophisticated professional education as a Chartered Accountant during the three-year CA Articleship programme, as well as guidance on potential future career choices. A student has an unquestionable possibility to assume expanded tasks and responsibilities during a CA Articleship while getting a thorough awareness and expertise of the numerous technical aspects of this profession.
Eligibility:
Every student who wants to participate in CA Articleship Training must meet and fulfil eligibility requirements. You must meet the standard eligibility requirements for being recognised worthy of your place at a reputable firm since a Chartered Accountancy firm is willing to spend extra time and resources to you during the duration of the Articleship programme.
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ippasrichaandco · 1 year
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Delhi has a large number of CA firms that offer articleship opportunities for aspiring Chartered Accountants. Whether you are looking for a large, well-established firm or a small, personalized firm, there is something for everyone in the city. With the right choice, an articleship in a CA firm in Delhi can be a valuable and rewarding experience for any aspiring Chartered Accountant.
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spcpriya · 5 months
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Choosing the Best CA Firm for Your Articleship in Pune
Choosing the right Chartered Accountancy (CA) firm for your articleship is a crucial decision for any aspiring CA in Pune. The articleship is a vital part of your CA journey, providing you with practical exposure and experience in the field. Pune, known for its educational institutions and growing business sector, offers a plethora of options for articleship positions. In this blog, we'll explore how to identify and select the best CA firm for your articleship in Pune.
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Key tips to select the right CA firm for your Articleship:
Reputation and recognition
One of the first things to consider when choosing a CA firm for your articleship is its reputation and recognition. Look for firms that are well-established and have a good track record of producing successful CAs. Reputed firms often have a strong network, which can be beneficial for your future career.
Work Exposure and Specializations
Different CA firms may specialize in various fields of accounting and finance. Before making a choice, assess the areas of specialization of the firm and consider whether they align with your career goals. Exposure to diverse fields can be an advantage, but if you have a specific interest, look for a firm that specializes in that area.
Mentorship and guidance
Mentorship is a critical aspect of your articleship experience. Investigate whether the CA firm offers a structured mentorship program. A good mentor can provide valuable guidance, answer your queries, and help you develop your skills as an aspiring CA.
Work Environment
The work environment at a CA firm plays a significant role in your overall experience. Consider factors like the office culture, workload, and work-life balance. A positive work environment can make your articleship more enjoyable and rewarding.
Location
Pune is a sprawling city, and commuting can be time-consuming. Choose a CA firm that is conveniently located to minimize your travel time and expenses. Proximity to public transportation can also be a crucial factor to consider.
Remuneration and benefits
While an articleship is primarily about gaining knowledge and experience, you should also consider the remuneration and benefits offered by the CA firm. Evaluate whether they provide a fair stipend and additional perks such as study leave, exam support, or financial incentives for good performance.
CA Final Pass Percentage
Find out the pass percentage of the CA Final exams for candidates who completed their articleship at the firm. A high pass rate indicates that the firm provides quality training and support for the CA exams.
Alumni Success Stories
Seek out alumni who have completed their articleship at the firm and gone on to become successful CAs. Their experiences and achievements can offer insights into the quality of training and mentorship provided by the firm.
Conclusion
Choosing the best CA firm for your articleship in Pune is a significant decision that can shape your future career as a Chartered Accountant. Consider factors like reputation, specialization, mentorship, work environment, location, remuneration, and success rates when making your choice. Conduct thorough research, visit the firms, and have conversations with current and former trainees to gain a better understanding of what each firm offers. By carefully selecting the right CA firm for your articleship, you can set the stage for a successful and fulfilling career in the field of accounting and finance.
For more info about SPC Classes contact +91– 8668772717, www.swapnilpatni.com
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neetusuthar112 · 6 months
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CA Institute in Hisar
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Hisar is a city in the state of Haryana in northwestern India. It is located 164 km from India’s capital New Delhi. Hisar is famous as educational hub of Haryana as there are universities, colleges, and training institutes providing knowledge related to almost every field.
If you want to read more click here
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pioneereducare · 9 months
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Understanding the Duration of a CA Course: A Comprehensive Guide
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Understanding the Duration of a CA Course: A Comprehensive Guide The journey to becoming a Chartered Accountant (CA) is a fulfilling and rewarding path that requires dedication, commitment, and a passion for numbers. One crucial aspect that aspiring CAs often inquire about is the duration of the CA course. In this blog post, we will provide you with a comprehensive guide on the duration of a CA course, including its different stages and the time required to complete each stage.Becoming a Chartered Accountant is a journey that requires time, dedication, and perseverance. The duration of the CA course can vary depending on various factors such as the time taken to clear each stage, the number of attempts, and individual circumstances. On average, the CA course takes around four to five years to complete, including the Foundation Course, Intermediate Course, Articleship training, and the Final Course.It is essential to note that the duration mentioned above provides a general timeline, and individual progression may vary. It is crucial for aspiring CAs to maintain a disciplined study routine, stay updated with the course curriculum, and prepare thoroughly for each stage's examinations.Remember, the CA course is not just about acquiring a professional qualification; it is a transformative journey that equips you with the knowledge, skills, and ethical values necessary to excel in the field of accountancy and finance. So, embrace the duration of the CA course as an opportunity for personal and professional growth, and embark on this fulfilling career path with determination and enthusiasm. Read the full article
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pkcindia1 · 1 year
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Top Ca Firm For Articleship | Chartered Accountant Articleship | PKC Consulting
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In the journey of Chartered Accountancy course, articleship is the crucial phase that transforms you from a student to a professional with sound knowledge in the CA domain. Hence choosing the right firm for your articleship plays an important role. Following are the key factors, a ca aspirant expects from a top CA firm for articleship:
Exposure: As a CA student, one looks for different forms of work assigned and the level of exposure that could be gained from it. Work exposure accounts to be the top priority for any student looking for CA articleship.
Overall development: Not only technical skills but communication and personality development helps a student to find a place in the corporate world. Learning people skills as well as technical skills will provide with the opportunity to think independently and help scale up the ladder.
Study leave & Stipend: At the end of the day clearing CA final is the most important stage, and leave should be adequate to cover the exam portions and revision. Stipend should be in par to the work load and sufficient enough to meet the students’ own expenses.
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taxkundali · 2 years
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July comes with a couple of changes to personal expense rules pertinent to various citizens. Furthermore, aside from expense, interest, and charge for deferred documenting. Moreover, the individual recording a modified return is expected to pay an extra assessment on discarded pay. And verifying such installment ought to go with the refreshed expense form. Here is a glance at three significant Tax updates of 2022.
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hntco · 2 years
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IMPORTANT POINTS IN PROPOSED SCHEME CHANGES BY ICAI
1. Total course period could be reduced to 42 months from 48 months2. Students may now register for the Foundation in 10th standard also.3. Students may appear for Foundation Exams after their appearance for 12th exams compared to earlier students should have cleared 12th exams.4. Total papers in Intermediate and final could be reduced down to 6 from 8 papers and the 2 papers at Intermediate and…
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real life text convo
me: dude meko bhi bata dena if you do something to earn those credits
friend: Time pass hai. They're asking CA students to do vocational courses lol
friend: Berozgar lagte hai kya ham
me: ikr and faculty bhi kaun hai woh log khud hi like pls eco padhana toh sikh lo pehle
friend: Lol fr fr fr
me: wahi na😭😭 har cheez mein 'college aake pucho' like fuck u
friend: Exactly. Plus vocational courses= bare minimum to survive in the world. Isse zyaada toh articleship mein hi Sikh lege
me: itna sass 😭😭🤣🤣
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gkkediaajeet · 16 days
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Unveiling the Excellence: Chartered Accountant in India
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In the intricate fabric of India's financial landscape, the role of chartered accountants stands as a beacon of trust and expertise. The profession of chartered accountancy in India is a distinguished one, marked by rigorous education, professional training, and ethical standards.
The Path to Becoming a Chartered Accountant
Becoming a chartered accountant in India is a journey of dedication and commitment. It begins with pursuing a Bachelor's degree in Commerce or related fields. Subsequently, aspiring accountants enroll in the Chartered Accountancy (CA) program administered by the Institute of Chartered Accountants of India (ICAI).
The CA program comprises three levels: Foundation, Intermediate, and Final. Each level demands rigorous study and examination, testing candidates on various aspects of accounting, auditing, taxation, and financial management. Furthermore, candidates are required to complete articleship training under the guidance of experienced chartered accountants, gaining practical exposure to real-world scenarios.
After successfully clearing all levels of the CA program and completing the prescribed training, candidates become eligible to be conferred with the prestigious title of Chartered Accountant.
Roles and Responsibilities
Chartered accountants play multifaceted roles in India's economic landscape. From providing audit and assurance services to offering expert advice on taxation, financial planning, and compliance, their expertise is indispensable to businesses, individuals, and government bodies alike.
Audit and Assurance
One of the primary responsibilities of chartered accountants is to conduct audits, ensuring the accuracy and reliability of financial statements. Whether it's statutory audits, internal audits, or special purpose audits, CAs adhere to stringent standards to provide assurance to stakeholders.
Taxation
In a country with complex tax laws, chartered accountants serve as trusted advisors to navigate the intricacies of taxation. They assist individuals and businesses in tax planning, compliance, and representing clients before tax authorities.
Financial Advisory
Chartered accountants offer invaluable financial advisory services, helping businesses make informed decisions for growth and sustainability. From budgeting and forecasting to risk management and investment analysis, their expertise adds significant value to organizations.
Compliance and Regulatory Matters
Staying compliant with various regulatory requirements is paramount for businesses to operate smoothly. Chartered accountants ensure adherence to legal and regulatory frameworks, mitigating risks and safeguarding the interests of their clients.
Why Choose a Chartered Accountant in India?
The expertise and integrity of chartered accountant in India make them indispensable partners in financial matters. Their in-depth knowledge, coupled with a commitment to ethical standards, instills confidence and trust among clients. Whether it's ensuring financial compliance, optimizing tax strategies, or providing strategic financial advice, CAs play a pivotal role in driving success and prosperity.
Conclusion In the dynamic landscape of India's economy, the role of chartered accountants remains pivotal. Their expertise, integrity, and commitment to excellence contribute significantly to the growth and development of businesses and individuals alike. As trusted advisors, CAs continue to uphold the highest standards of professionalism, making them indispensable in today's complex financial world.
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ippasrichaandco · 11 months
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IFC vs. SOX: Impact on Accounting Practices in CA Firms
In the world of accounting, regulatory measures have always played a vital role in shaping the accounting practices of firms. Two significant regulatory measures that have come into effect in recent times are the Internal Financial Controls (IFC) and the Sarbanes Oxley Act (SOX). Both have had a tremendous impact on the accounting practices of CA firms. In this article, we will take a closer look at the differences between these two measures and their impact on accounting practices.
Firstly, let's understand what IFC is. Internal Financial Controls (IFC) are mechanisms put in place to ensure the accuracy and completeness of a company's financial statements. It involves a set of procedures or controls that help organizations to manage risks effectively, safeguard assets, and comply with regulatory requirements. The main objective of IFC is to ensure that financial data is accurate, transparent, and reliable. It helps to identify potential errors or fraud and ensures that financial information is timely and accurate.
On the other hand, the Sarbanes Oxley Act (SOX) is a US federal law that was enacted in 2002 to regulate public companies' financial reporting. It is intended to improve the accuracy and reliability of financial statements, protect investors, and restore public confidence in the financial markets. SOX primarily focuses on internal controls, corporate governance, and financial reporting. It requires companies to establish internal control systems and procedures for financial reporting and disclose any deficiencies in internal controls.
Now that we understand the difference between the two regulatory measures, let's take a closer look at their impact on accounting practices.
IFC:
IFC has had a significant impact on accounting practices in CA firms. It has placed a greater emphasis on internal controls and financial reporting. CA firms need to ensure that their clients have established and implemented effective IFC measures to ensure that their financial statements are accurate, complete, and reliable. IFC also requires regular financial reporting and auditing to ensure the accuracy and completeness of financial data. CA firms need to ensure that their clients meet these requirements promptly.
SOX:
SOX has had a massive impact on accounting practices in CA firms. It has established strict regulations for financial reporting, internal controls, and corporate governance. Companies need to establish and maintain effective internal controls and financial reporting procedures to comply with SOX regulations. This includes establishing a code of ethics, ensuring independent audit committees, and implementing financial controls and procedures. CA firms that work with publicly traded companies need to ensure that their clients are compliant with SOX regulations. SOX has also increased the demand for audit and assurance services, and CA firms have had to hire additional staff to provide these services.
Conclusion:
Both IFC and SOX have had a significant impact on accounting practices in CA firms. While IFC has focused more on internal controls and financial reporting, SOX has established strict regulations for financial reporting, corporate governance, and internal controls. CA firms need to ensure that their clients are compliant with these regulations and have implemented effective measures to manage risks and safeguard assets. Overall, compliance with these measures has led to greater transparency, accuracy, and reliability in financial reporting, which benefits investors and the public.
I.P. Pasricha & Co helps clients manage the complexity of defining and documenting IT controls, as well as regular testing and reporting on such controls under the appropriate IFC and SOX laws.
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cafoundationbook · 1 month
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A Complete Guide on CA Articleship
"CA Articleship" refers to a mandatory training program undertaken by aspiring Chartered Accountants (CAs) to gain practical experience in accounting, auditing, taxation, and related fields. Lasting for a stipulated period, typically three years, it provides hands-on exposure under the guidance of a practicing CA or a CA firm. Through real-world engagements, articleship equips candidates with essential skills, knowledge, and professional ethics crucial for their future careers in accountancy. This immersive learning experience plays a pivotal role in the development of competent and ethical professionals, fostering a deep understanding of financial processes and regulatory compliance within the dynamic landscape of commerce and industry.
CA Articleship Eligibility Criteria?
Applicants must meet the eligibility criteria for CA Articleship to be considered for the program. Below are the updated requirements for candidates applying through the CA Foundation Route and direct entry.
CA Foundation Route: Under the CA Foundation Route, as per the current curriculum, students must meet the following criteria to begin their articleship:
Completion of both groups of the CA Intermediate exams and for that students can study from some of the best CA Intermediate Books.
Candidates must participate in a four-week Integrated Course in Information Technology and Soft Skills (ICITSS).
Direct entry method: Nevertheless, candidates are eligible to commence their articleship upon fulfilling the subsequent criteria:
After finishing the four-week Integrated Course on Information Technology and Soft Skills (ICITSS), graduates in commerce or post-graduation with a minimum of 55 percent marks, and graduates from other streams with at least 60 percent marks, are eligible to start articleship or practical training.
Importance of CA Articleship?
Practical Experience: CA Articleship provides hands-on exposure to real-world accounting, auditing, taxation, and financial management practices, allowing candidates to apply theoretical knowledge in practical scenarios.
Skill Development: Through articleship, aspiring Chartered Accountants develop essential skills such as analytical thinking, problem-solving, communication, and decision-making, which are crucial for their professional growth.
Ethical Understanding: Articleship instills a strong sense of professional ethics and integrity by exposing candidates to ethical dilemmas and teaching them to navigate complex ethical issues in the accounting profession.
Mentorship: Under the guidance of experienced Chartered Accountants or CA firms, articles receive mentorship and guidance, helping them to develop professionally and gain valuable insights from seasoned professionals.
Career Preparation: CA Articleship prepares individuals for successful careers in the field of accountancy by providing them with practical experience, industry exposure, and the necessary skills and knowledge to excel in their roles as Chartered Accountants.
Pros of CA Articleship
The advantages of CA articleship include:
Practical Experience: Articles gain hands-on experience in accounting, auditing, taxation, and financial management, enhancing their professional skills.
Professional Development: Articles undergo mentorship from experienced CAs, fostering their growth in terms of knowledge, ethics, and competence.
Networking Opportunities: Interaction with clients, colleagues, and seniors during articleship builds a strong professional network, beneficial for future career prospects.
Career Preparation: Articleship serves as a stepping stone towards a successful career in accountancy, providing the necessary skills and experience required for employment or entrepreneurship.
Global Recognition: The Chartered Accountancy qualification earned through articleship is recognized worldwide, offering opportunities for global career advancement.
Cons of CA Articleship
The drawbacks of CA articleship may include:
Lengthy Duration: The mandatory duration of articleship, typically three years, can be perceived as lengthy, delaying entry into the workforce or higher education.
Financial Constraints: Articles often receive nominal stipends or no financial compensation during articleship, which may pose financial challenges, especially for those from economically disadvantaged backgrounds.
Limited Autonomy: Articles work under the supervision of practicing CAs or CA firms, limiting their autonomy and decision-making opportunities during the training period.
Work-Life Balance: The demanding nature of articleship, coupled with long working hours and tight deadlines, may impact the work-life balance of articles, leading to burnout or stress.
Narrow Exposure: Depending on the placement, articles may have limited exposure to certain areas of accounting or industries, potentially limiting their overall skill set and career options post-qualification.
Conclusion CA Articleship serves as a crucial phase in the journey towards becoming a Chartered Accountant, offering invaluable practical experience, mentorship, and professional development opportunities. For the the most important step is to qualify the ca intermediate and ca foundation exam and that you students can do by taking the help of CA Entrance Exam Books.  Despite its challenges, including the lengthy duration and financial constraints, articleship provides a solid foundation for a successful career in accountancy. With hands-on exposure, networking opportunities, and global recognition, articles gain the skills and expertise necessary to excel in the dynamic field of finance. Embracing the challenges and leveraging the opportunities presented during articleship is essential for aspiring CAs to emerge as competent and ethical professionals ready to navigate the complexities of the financial world.
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commercepaathshala · 2 months
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Best 5 Tips to Complete The Papers of CA Exam in Time
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Nowadays, the allure of professional exams, especially the esteemed CA designation, attracts a multitude of candidates worldwide. Success in these exams demands not just hard work but also strategic preparation and adept time management skills. While many aspirants aim to ace the exam on their first attempt, failure should never deter one from pursuing their CA dreams. With the right strategy and dedication, success is within reach for every aspiring CA. In this article, we'll delve into five invaluable tips for preparing for CA exams and completing your papers on time.
How to Prepare for CA Exams?
Revision Over Learning: The key to success lies in thorough revision rather than mere learning. Aim to revisit your syllabus three to four times, ensuring mental retention for quick recall during exams. Allocate at least one month exclusively for revision after covering the entire curriculum.
Strategize for Exemptions: Strategically prepare for exemptions in your preferred subjects to bolster your overall percentage. Focus on subjects where you excel, such as Law or Accounting, to maximize your chances of exemption. Seek guidance from experienced coaches or online resources like Commerce Paathshala to streamline your preparation.
Coaching Sessions and Practice Exams: Enroll in subject-specific coaching sessions tailored to your needs and schedule. Experienced instructors can elucidate complex concepts and make learning enjoyable. Additionally, integrate practice exams into your study routine to assess your strengths, weaknesses, and enhance time management skills.
Articleship: Approach your Articleship with utmost seriousness, as it provides invaluable hands-on experience crucial for your professional growth. Opt for meaningful articleship opportunities that offer diverse exposure and practical learning opportunities. Choose reputable institutions or organizations that nurture your skills and provide ample learning experiences.
Consistent Study Regimen: Establish a consistent study routine focused on deep comprehension rather than last-minute cramming. Dedicate fixed hours each day to study, ensuring adequate rest, hydration, and nutrition. Select mentors and resources like Commerce Paathshala for quality guidance and support throughout your preparation journey.
In conclusion, success in CA exams hinges on strategic preparation, dedication, and access to quality resources. When seeking the best coaching for CA in Jaipur or online classes tailored to your needs, prioritize institutions with experienced instructors and a proven track record of success. With meticulous planning and unwavering commitment, you can conquer the challenges of CA exams and emerge victorious. Good luck on your CA journey!
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pkcindia1 · 1 year
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Best Ca Firm For Articleship | Best Ca Firm For Articleship In Chennai | PKC Consulting
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What makes a chartered accountant firm a best choice for articleship training?
There are a number of factors that contribute to a company being the top chartered accountant firm for aricleship. Every student shall consider below factors while choosing best CA firm for articleship.
Excellent Learning & Exposure: CA firm shall provide exposure in multiple areas of work. Not only expertise in core concepts such as tax, audit & finance, it is also important for CA students to develop several soft skills such as communication, leadership, team management, handling high profile clients etc. A good ca firm should provide environment to develop such skills for their articles.
Study Leaves: It is important for every articleship student to get enough leaves for their final preparation. So, it is recommended to chose a firm offering sufficient leaves for final preparation.
Work -life-balance: Even though ca articleship student shall focus on learning during the articleship period, it is also important to have a time for daily preparation.
Trainings & Opportunity to explore: The Best ca firm for articleship shall have a training sessions for their students to develop their skills and give an opportunity for them to explore unknown domains and develop skills.
Why Prakash Kochar & Co is the Best Company for CA Articleship training?
Prakash Kochar & Co. (also known as PKC Consulting) has a long-standing reputation for providing high-quality of services, in the field of Taxation, Audit & Assurance, Management Consulting, as well as exceptional levels of customer service.
Started in 1988, Prakash Kochar & Co having three decades of presence in the industry. It serves about 1500 clients across various sectors such as manufacturing, retail, IT, healthcare, education, construction. Few of its notable clients are Sundaram Composites (TVS/Brakes India Group), Indian Oil LNG, Renault Nissan Technology & Business Centre, Olympia Tech Park, Vivek India Pvt ltd, Swelect Energy Systems Limited.
Prakash Kochar & Co will give the opportunity to work on variety of projects & chance to observe numerous aspects of different industries which makes PKC one of the best company for ca articleship.
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