Hi Friends,
I think everybody is anxiously waiting for results,
CPT students think about how they are going to IPCC
IPCC students feel “whether I will clear both groups / single group?”
If I clear only 1st group can I go for articles now or after writing group 2 exams,
If I have to go for articles, as I have group 2 exams so I have to choose a firm where I can have exam leave…………
These are the thoughts many of our friends are having…..
So I just want to share some points that are to be considered for joining articles:
(These points are only my thoughts based on me and my friends’ experiences)
· In every firm there will be advantages and disadvantages, so we have to consider how the advantages are favoring you.
· Not preferred in Big 4 - because there the main disadvantage is that department wise work will be allocated and you will there in one department for example Compliance Department where you will be perfect in compliance but no knowledge in Tax Audits, its enough if they have some company audits, tax audits, special assignments.
· Similarly you should not go for Individual Auditors – because there work burden will be there but exposure will be less.
· Firms in Metropolitan cities are preferable – to have good exposure in audit and facilities for coaching.
· Minimum no. of articles should be there so that entire work burden won’t fall on you.
· Leave – Exam leave must be given as per ICAI Rules.
Some people think that we need leave for coaching and preparation. For that purpose many will prefer some known auditor who gives leave or go for Dummy Articles. But just think why CA course is having its specialty when compared to other professional courses, this is only because of practical training and simultaneous Studying. The one who can manage both at a time will get through CA in first attempt.
· I feel that there will be something special in every qualified CA as he also crossed our stage. So while interview is going on, you can observe him and find whether he will be friendly in teaching when you do mistakes. Choose a firm where there is scope even though you do mistakes.
This 3 years period is very short period to get trained as an auditor. So make use of this period.
(My personal experience - where I am unable to answer questions in two interviews at one place Interviewer encouraged me and at the other place I got discouragement)
· Some of my friends have joined articles after completing Group 1 thinking that they can go for a better firm after clearing Group 2, but is it necessary to get terminated at place and go to another firm again. So I suggest you to join a firm with an intention to continue there.
· Finally to conclude is that you have chosen a nice destination (CA) , so try to have a good path for reaching there.
Regards,
S.Supriya
CAclubindia
