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Is industrial training good during Articleship of Chartered Accountancy Course?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

Is industrial training good during Articleship of Chartered Accountancy Course?

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4 Answers
Open uri20170510 32134 1ue0f38?1494421710 answered

Hi Friend, So far as your query is concerned that Is industrial training good during Articleship of Chartered Accountancy Course? Kindly note; The basic difference between artilceship and industrial training is change in the role. In articleship training you work riguorously under an employer and work as article assistant. He/She is also called as auditor and audit different corporate bodies like companies etc. One audits the work of the auditee, Whereas, in case of industrial training, one joins as industrial trainee in any of the companies approved by the institute, prepares all the details and get the work audited by the auditors. The difference between articleship and industrial training is change of the position of the chair. So far as your question is concerned that What are the benefits of industrial training?? the answer is that the benefits are lot. The first and foremost benefit is that There is high probable chance that the Company in which you have done your industrial training might absorb you. The Company need not spend its resources (either in the form of money or time) for training as the industrial trainee must have gathered required experience and knowledge of the workings of the Company. Thanks & Regards,

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

In my personal opinion Industrial Training is not good.Because 1.You have to do Industrial training during final year of Articleship It may affect your Final Exams Studies. 2.It is not sure if your doing industrial training in One Industry and getting Jobs in Same Industry

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Hi kruthika, Industrial training is very good option. It add one plus point in your resume. I will more focus on specialization.In this nine to twelve months you will get specific knowledge of CA fraternity. Even you start practice CA I feel specialization in particular part always get good respect from society. I attended different type of seminars where successful chartered accountants focus on specialization ,namely internal audit,transfer pricing,excise ,VAT and more. If you work is midsize firm there is no chance fro specialization,every CA student cant do his CA artileship in big four then industrial training is best option. After CA chances of hiring same article student in industry are always more.It is profitable to company as student already work in industry. While doing industrial training you will understand in broad way how organization work .You will get more idea about company law.You will understand ethics ,rules ,regulations in broad way. Moreover you will skilled and specialized in one particular part. And you will at the age of 21-22 behave like a cooperate women which is most wonderful experience.

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Picsjoin 2017224123730582 answered

Hie Kruthika, **Yes, Industrial Training is good during CA Course.** You can explore huge work area in industrial training and you can get practical knowledge of working areas of industrial undertaking which would be very helpful for you ahead in your career. There is a wider scope of wok in many different areas in industry, which is important and helpful from both aspects of practical and theoriotical point of view. **Besides it, some more advantage of industrial training are :-** 1. You become punctual. 2. You start dressing formally. 3. Since you are with people with more experience than you, you learn lot more in the same amount of time. 4. You learn to respect rules and regulation. 5. You work towards specific deadlines, both work-wise and time-wise. 6. Most importantly, you become accountable and funnily, you start enjoying it !! 7. You get trained in office management, document filing, handling office politics, working in a team etc and get paid for it too. 8. You will implement the experience in your own firm and reap the benefits. 9. Your personality gets a very visible smart corporate edge.

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