I am a CA student looking for industrial training. I am interested in corporate management. What training is offered in top management also?
Hi Anju, As you said that you are a CA student looking for industrial training and you are interested in corporate management. What training is offered in top management also? Let me make you aware of the fact that generally companies providing industrial company would not appoint you as industrial trainee in its top level management. As far as your confusion is concerned with regard to the areas where you would get training then the answer to it is that it depends. As per CA Regulations, Criteria for organization to provide industrial training is that the Financial, Commercial, Industrial undertakings should be with minimum fixed assets of Rs. 1 crore; or minimum turnover of Rs. 10 Crore; or minimum paid – up share capital of Rs. 50 lakhs; or such other institution or organization as may be approved by the Council from time to time. So you see the organisation providing industrial training is not a small enterprise. In most of such organisations you would find that separate departments exist for internal/management audit, taxation department, accounts and finance, sales and marketing etc. So your job/training profile would depend. Say you have been appointed as a trainee in taxation department and presuming you are given job rotation in your entire industrial training period. Then you would be doing and accompalishing the following tasks. a) Statutory compliances of TDS/service tax/excise duty related work as in whether at all tds is to be deducted or not, whether tds has been deducted at proper rate of tds, timely return preparing, depositing the same with the department well within due dates etc. b) Computation of advance tax, self assessment tax etc and depositing the same in time. c) representing the company in front of AO, CIT, Tribunal etc. To conclude the area of your industrial training would depend from organisation to organisation. Regards
U should visit jobs portal of CAKART.in there in u can choose articleship/industrial training tabs to find companies and then u can choose for ur industrial training in CA articleship
In top Management the training is depend that in which department you are. As big companies are having there own Audit team for the internal control process so that if u are in audit team then you will get training in Audit. At top management If you are in controlling department then you will be doing work of Reviewing Expenses. Sales Department Tax Department There are other departments also depands upon the category of the industry like in banking you will find Credit Department