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com

Institute Of Chartered Accountants of India (ICAI) The institute prescribes a certain amount as remueration for the first, second and third year of articleship. It never says that such remuneration is fixed or it is a minimum base. Many CAs prefer to hire the articled students at the remuneration stipulated by the institute. Salary Only a handful of audit firms pay proper over ten thousand, depending on the location and the firm. Where possible, you should do your articleship in one of the audit firms linked to the big four consultancies which can offer better pay. However, other bigger audit firms also pay good pay.

stipend, that may range from Rs.five thousand to

Big Accounting Four & Other Bigger Auditing Firms

Big Accounting Four & affiliates are (a) KPMG, (b) E&Y (Ernst & Young), (c) Delloitt, and (d) PwC (Price Waterhouse Coopers). However you can only do article-ship in the audit firms that are linked to these consultancy firms

(i) for KPMG: BSR & Co (previously Bharat S Raut & Co); (ii) for E&Y : SR Batliboi & Co,

(iii) for Delloitt: AF Ferguson & Co, C.C.Chokshi

& Co., Fraser & Ross, P. C. Hansotia & Co. and S.B.Billimoria & Co; and (iv) for PwC: Price Waterhouse, and Lovelock & Lewis. Other reputable Indian firms that you can articleship which includes the following: Lodha & Co (link with BDO),

(b) KS Aiyar & Co (linked with Baker Tilly), (c) RSM & Co, (d) Ajay Sethi & Associates etc.

Requires three years of training under practicing Chartered Accountant to gain practical experience in the various fields relating to accountancy whether it is in the area of accountancy, statutory audit, internal audit, tax audit, taxation, management consultancy etc.

No Of Years

In the third year, you can do industrial training in a commercial organization under a CA supervisor

The articled trainee can change his principal (with mutual agreement) under whom he/she is undergoing training. The institute plays no part in this. Note that the article-ship deed is exclusively between the articled trainee and the CA.

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