Monday, July 13, 2015

Why is articleship important?

Chartered Accountancy is one of the most respected professions in the world and undoubtedly, members have maintained the nobility of the profession. It’s a great feeling to be a Chartered Accountant. It is an immense pleasure to have “CA” prefixed to our names. To be a good Chartered Accountant we require certain qualities like knowledge, skill, integrity, professional skepticism, confidentiality and so on. These qualities are obtained through the articleship training.

Articleship training transforms us completely from a layman to a thorough professional. It helps us to supplement our practical study. Theory can be well comprehended if we do our articleship with passion and commitment. It moulds us in-to a better person.  With the help of sound knowledge base, we are able to apply our minds in complex situations. We are able to think logically and in an organized way. Articleship lays the perfect foundation for our future if used to the fullest.
Handling pressure comes to us quite easily with work-study routine. It keeps us craving for more and more knowledge. Ability to handle multiple audits during statutory and tax audit season brings a tremendous amount of confidence and ability to take responsibility. During the training period we will face criticism in our work, but how we take those criticisms and convert them into appreciations can be learnt during our articleship tenure.
Articleship training has a tremendous influence on our character formation. What we become in the future is, in most cases, a reflection of our initial training during Articleship.   We tend to carry forward the confidence, the communication skills, the knowledge, the values, and the professionalism which we have acquired during this period into our future career roles.
We also gain exposure to variety of audits  such as Statutory audits, tax audits, VAT audits, ABC audit, Audit u/s12A, Bank audits, PSU audits and the list just goes on and on. Along with this we gain exposure in certification, consulting, representation before income tax authorities and others.

During articleship we get an opportunity to interact with who’s who of the industry such as CFO, CEO, directors and employees at various levels in the organization. As we gradually proceed with our training, we learn on how to effectively communicate with others in a polite but firm manner.
In a dynamic and fast changing environment, being up-to-date with latest changes in our field has become of prime importance. Ignorance of law cannot be an excuse. Being professionals we must be accurate and sharp with the latest changes, which can be gained through effective articleship training.
Articleship develops leadership qualities. It also imparts the skill of being a team player and team work, the utmost requirements in today’s corporate. It bestows upon us ethical practices, maintenance of integrity and a strive for continuous professional development.
Nothing comes without hard work and sacrifice. Give it all in your articleship period. The fruits of it will be realized once you complete your CA. A student who has done his/her articleship to the best of his abilities will always be one step ahead of one who has not done his/her articleship with same with passion and commitment. It is also very important that you do your articleship in a firm which provides exposure to various kinds of audit and other works.
A sacrifice of 3 years is worth the happiness of 30 years. This is what we gain from the profession of Chartered Accountancy. The decision on whether you want to effectively utilize your articleship training is left to you. So let us not waste this opportunity and try our best to make the most out of training offered by the Articleship, for our own benefit and also for the greater benefit of this august profession of “Chartered Accountancy”.

No comments:

Post a Comment