Tenure of articleship for direct entry students
Querist : Anonymous
Querist : Anonymous
Also i wanted to ask whether project finance firms are better than firms conducting normal audit and tax.i am presently employed with a firm which practices normal tax and audit so should i continue or change a firm where only Project Finance training is provided? please guide
Yes, under **Direct Entry Scheme**, the total articleship duration is **3 years**, which includes the compulsory **9 months of training before appearing for the IPCC exam**.
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About your second question — whether to continue with a firm doing normal audit & tax or switch to a firm specializing in project finance:
* **Normal Audit & Tax firms:**
Provide broad exposure to varied industries, accounting standards, compliance, and taxation. This builds a solid foundation in mainstream CA skills.
* **Project Finance firms:**
More specialized, focusing on financing projects, structuring deals, financial modeling, and sometimes lending regulations. This is niche and may be good if you want to build expertise in finance or banking sectors.
**My suggestion:**
If your career interest is broad CA practice or you want to keep options open, stay in audit & tax firm initially. Later, you can specialize.
If you are sure about a career in project finance or want exposure in that field, shifting might help.
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