cn sum1 plz rply asap

CA 1122 views 4 replies

m in last year of my CA articleship training n wan 2 kno whether industrial training wud be beneficial 4 me or not?

I hv few queries in my mind

1. whether industrial training wub be more beneficial or shall I stick 2 my old firm till I complete my training period?

2. whether applying for industrial training is better than applying in 1 of da big 4?

3. whether industrial training is better den da audits of the medioker firms?

4. wht r the BIG companies which provides such training? (I already hv da list of accredited companies provided by the institute)

5. wht kind of stipend is paid there? is it the same specified by the institute?

6. nother query is: I hv heard dat, if 1 goes for industrial training, den that person is not able to shift his area of interest to any other field later on. is that so???

7. finally: if 1 gets n oppurtunity 2 choose his area of interest in the industrial training, which field sud he opt 4.
internal assurance, direct tax, indirect tax, tax audits, etc.
(I hv heard, if 1 chooses tax audit field, he gets da same exposure as he does in a CA firm)

If ny1 cn answer deze, wud be a great help 4 me.

thnks in advance

Regards
Varun

Replies (4)

First of all you need to let me know in which firm you are currently doing your articleship and how good it is. By joining for industrial training you get a good corporate exposure. Again the company or area you may choose while doing industrial training is is no way going to determine your job. Industrial training is one of the methods of getting good experience and thus it will looked positively but will not disturb your employment opportunities once you qualify. One thing which you need to be clear is about the time availability for studies. Please join a company which offers good time for study and leave for exams. Otherwise it will be too difficult as many corporates expect a lot from industrial trainees too. If you are comfortable in your current articleship then you may as well choose to continue until you qualify without taking any risk.

Please do not venture into the big 4 firms now. It may not be helpful.

The decision is yours based on your risk apetite. All the best.

Thanks u for ur kin rply, Cn u plz tell me wat kin of stipen is paid in Industrial training.

Thanks

It depends on the organisation. It would range from Rs 5000 to Rs 20000 p.m. I am not sure but many organisations pay good stipend.

Yes, It depends upon company. Companies pay from 5k to 18k also...It depends upon eligiblity.


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