Articleship in CA and It’s Importance in the Course
Hey Students!! In our previous articles, we have talked about the complete procedure for CA Articleship Registration and also about the Termination procedure in Articleship, to know about the procedure follow the given link. This article will make you aware of the importance of Articleship and why you should avoid Dummy Articleship .
You must be aware that Articleship is a mandatory part of the Chartered Accountancy course and if you are reading this article, it’s probable that soon you are going to start your articleship but confused a lot.
Are you confused about whether to join articleship in the CA course or go for dummy training? Have you been guided by any of your seniors for joining of your articleship? Or whether you are afraid of joining the workstation at such a young age when your other friends are going to college and chilling their life with friends? Or are you getting scared from working at late nights, or handling a huge workload? Or you might be thinking that articleship won’t allow you to score well in your CA Final Exam or you can gain such 3 years of Experience after becoming a Chartered Accountant by joining some CA firm for 3-4 months.
Do you really feel that Articleship in CA is burdensome? Or it can spoil your young age? But have you ever thought that you are pursuing Chartered Accountancy, the most respected profession in the Commerce stream? Only a few students get a chance to commence articleship after qualifying its Intermediate level and you have been selected from among such few students. The articleship is a major part of your CA Course Duration and teaches you so many things practically.
Undoubtedly, you have to handle the pressure, the workload, the stress, and lose your freedom too but all such things give you a lesson and mold you into a true professional.
And today’s article is written to showing you the importance of Articleship in CA –
Importance of Articleship in CA
Turn Into a True Professional –
3 Years are more than enough which can mold you into a true professional. The moment you become a Chartered Accountant, you will be a fresher CA with 3 years of experience. You not only possess the bookish knowledge but you possess a lot of practical experience.
Experience to Handle the Clients –
Generally, the pass out students of the other courses is very much unaware of the practical world. They know how to do the client’s work but they don’t know how to retain them or how to deal with them. This gets a benefit that as soon as you become CA, you can start your own practice and make your clients.
Help to Answer Case Studies in your Final Paper –
At the CA Final Level, ICAI demands a full-fledged Chartered Accountant who possesses theoretical as well as practical knowledge. Hence, some of your papers are based on practical life-based case studies such as Auditing, Taxation, etc. Candidates who have taken their articleship very seriously get it’s benefit in their CA Final Papers also.
Develops a Professional Attitude –
Our posture, our way to talking with the people, our presence of mind when the client is asking some query but we are not aware of such thing, the way we are representing our team in front of the Board of Directors, the way we are handling the deadlines, the way we are handling the multiple tasks, and also the patience level we maintain while handling the tough situations, this all judge our behavior, our attitude, and our personality. Articleship taught us all such things.
Learn to Manage Time –
It has been said that if you can manage your time during articleship, you can manage anything. The schedule of a CA student during their articles is actually beyond words. A general CA student leaves his home at 6.00 in the morning for coaching, reaches sharp at 10.00 AM at the office, and after working all day in the office again joins the class at 6.00 in the evening as well as spends some time for self-study thereafter.
They have to manage their self-study, coaching, office, audit, meetings, deadlines, work pressure, family time and so many things, and all such at an early age. Hence, if you can manage such things properly, believe that You have learned the management.
Hope this article reduced your confusion to join the Practical Training in Chartered Accountancy. According to the top CA faculties “Articleship is a golden period” in the CA curriculum. Definitely, you have to handle the stress but more than that you will get to learn an infinite number of things. If you like the above content, kindly share your comments and share this with the maximum people so that not even a single student goes for dummy articleship and spoils his career even after becoming a Chartered Accountant.
How to Analyze Whether to go for Articleship or Not
To analyze whether to go for articleship or not, the candidate has to do the activity given below:
- Take a piece of paper and fold it into half.
- In one half, write the advantages of articleship and on the other half write the disadvantages of articleship.
- You will end up writing various advantages of articleship in comparison to the disadvantage of articleship.
- From this activity, you will definitely go for Articleship.
Managing Studies with Articleship
Every CA student thinks about how to manage studies with articleship with coaching classes. According to the economics law of managing things at the time of scarcity, you will learn how to manage time with ongoing articleship with coaching classes. This will help you to become a good manager and would certainly help you in long run.
Importance of Articleship Training after completing CA
Articleship training helps CA Final candidates in their exams and also build their careers. With theoretical knowledge, it is very important for CA final candidates to have practical knowledge about the course. If you have done the articleship training, then you will easily get a job after CA. ICAI allows students to do training in big companies. This helps students to gain knowledge of how these big companies work from inside.
Frequently Asked Question
Q1. How can candidates register for articleship training?
Ans: To get the complete guidance of how candidates can register for articleship training, log in to VSI.
Q2. How to apply for termination of CA articleship training?
Ans: VSI provides a complete termination procedure of CA articleship training for the candidates.
Q3. Is articleship mandatory for CA candidates?
Ans: Yes, articleship is a mandatory part of the CA course. It improves skills and provides a better learning experience.
Q4. What is an articleship in CA course?
Ans: It is a 3 years practical training in a company or in any industry.