Three year article ship training is the best period of the career where a CA student undergoes in to the article ship training. Based on the size of the firm and types of the audit available with the employer firm, a student undergoes extraordinary learning in to the various professional skills. He is expected to learn certain things down deep in this formative period of his career :
- How to apply accounting and auditing standards in practice?
- How to prepare and analyze financial statements, projections and annual reports?
- How to prepare and file tax returns both for income tax and service tax?
- How to audit firms, partnership, companies, non- profit entities and government organizations?
- How to prepare business plans and value business, goodwill and shares ?
- How to fix cost price, markup and decide various type of market pricing?
- How to incorporate companies, run board meeting and meet statutory compliances?
- How to handle system audit, forensic audit and new areas developments like IND-AS?
- How to develop complete personality of the professional and ways to handle stress?
- How to become multi- tasking, effective communicator, writer and well informed on professional developments. Research ability with analytic skills is highly desirable.
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