Articleship

This query is : Resolved

mohit (Querist)
Follow

06 August 2014 i just wanna ask in big 4 they ask u to chose between audit and tax work....... I am confuse here because audit and tax are wide terms and i find them inter-related so will u please tell me ,,.working in audit means which AREAS and same thing about tax ,... and how they are different? THANKS DO REPLY

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

07 August 2014 tax would include income-tax, indirect tax. income-tax would further get divided in international taxation, transfer pricing, transaction tax, domestic tax, litigation etc etc.

Indirect tax would normally be consolidated.

audit would include, normal stat audit, internal audits (sometimes this is hived off as risk advisory), tax audits, etc etc