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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 :

  1. How to apply accounting and auditing standards in practice?
  2. How to prepare and analyze financial statements, projections and annual reports?
  3. How to prepare and file tax returns both for income tax and service tax?
  4. How to audit firms, partnership, companies, non- profit entities and government organizations?
  5. How to  prepare business plans and value business, goodwill and shares ?
  6. How to fix cost price, markup and decide various type of market pricing?
  7. How to incorporate companies, run board meeting and meet statutory compliances?
  8. How to handle system audit, forensic audit and new areas developments like IND-AS?
  9. How to develop complete personality of the professional and ways to handle stress?
  10. 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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Category Students, Other Articles by - Vikas Kumar