Our life is surrounded with CAs- the people whose signature can turn a normal balance sheet to an audited financial statement! Yeah, being a CA is a big deal and hence the things you learn during the Articleship period matters a lot!
Undoubtedly, everyone looks forward to the articleship period, not only as it brings one closer to the final goal to being the CA, but also because of the immense learning opportunities that it opens up. So, be it one from the Big Fours or not, the ultimate aim from an articleship should be to learn the following inevitable art of being the CHARTERED ACCOUNTANT:
The art of “Auditing”
When we talk about the Art, it is not the same that you read during your IPCC 2nd group examination. It is about the real hand experience – Going out there in the market and auditing a firm.
You should learn to apply the standard principles of auditing in real life scenarios and point out the auditing errors that you have been reading since the beginning of your CA journey.
The “Accounting” Softwares:
Yeah it is painful to know that all that accounts that you made in the exams is so easily done by software! Nevertheless, it is the basic concepts that you have learnt during solving the big accounting problems that will come handy to you for the rest of our CA life.
During Articleship, hence it becomes really important that you learn the nuances of accounting software be it TALLY or BUSY.
Dealing with “Red Tapism”:
It will never happen that your work is done at one go in the Central Revenue office when you go to submit ITR. It will always happen that you are standing in the cue cursing yourself or the ultra lazy peon!
But the interesting part is that you will learn to adjust and to make your work happen, if not directly then through the various indirect options available at your disposal.
What to talk about?
The articleship period will make you a master of your words. You will learn what to speak, to whom, when and in what manner!
This is one of the most important qualities that a CA must imbibe to be able to survive in the world of diplomatic MBAs!! Not only this, the industry are looking for those people who know what they are talking about.
So imbibing this art will make you industry ready!
A CA can never, like never ever can loose his temper. The aim of a CA is to help client lessen down the tension and this is one of the most important takeaways of articleship. You will learn to maintain your calm and deal with clients in a composed manner.
Articleship teaches you a lot. All these learning will be a prized possession for you to keep forever. The five points mentioned above is not exhaustive, it is just few of the many quintessential arts that you must master to be a Chartered Accountant who is market ready!!
So, all the best for your articleship, and we hope that you will make the best out of it. For more information on articleship or CA exam preparation. Visit Here
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