Articleship , is a training programme required as part of a professional course of study, during
which a student works full-time in an organization within that profession. It is considered as the part
and parcel of Chartered Accountancy (CA) Course training.
The CA course in India is considered as the best of its kind. Likewise, it is appraised as a standout amongst most other courses because of its high career prospects and quality curriculum. The intensive curriculum of CA course designed with practical training Articleship is helpful to make every student competent professionals with a good understanding of accountancy, auditing, business laws, taxation and other aspects of finance and accounting letting them excel in their profession. The well-designed theoretical and practical part of the course along with communicationand presentation skills ensure that a person who successfully completes the course is competent
enough to outshine other accounting professionals. Still, Articleship plays an important role in CAcurriculum as it is planned in such a way as to give clarity on the concepts they learned. As CA examinations are considered as one of the toughest exam in India and a sincere Articleship is one of the tool through which a student can sail through these exams easily.
Importance of Articleship
This practical training incorporated with CA course helps to acquire a disciplined work attitude and develop the essential skills needed as a professional. The students will get much experience and this will help them to perform their roles in a better way. As an article, they can enhance their understanding of an organisation, better view of business functions, working environment, methods and so on. Hence, Articleship is considered as the part and parcel of CA student life and the importance of this practical training cannot be underrated in any case while pursuing CA course.
Årticleship, has been made mandatory for all students pursuing CA profession. The basic fundamental of this proposition is to enable a young and budding CA understand the nuances of accounts, audit, law and tax and consequently, become a true professional. Never ever would have our predecessors at the Institute of Chartered Accountants imagined a sight where students who have cleared CA course could not even prepare a proper books of accounts, which is typically the case with students who qualify as a CA and did not have had any prior sincere articleship experience Theoretical knowledge or practical knowledge alone cannot make you a perfect professional.
Both theoretical and practical should go hand in hand to acquire the qualities and intellectual skills of a professional. Sincere articleship inculcates a disciplined attitude for hard work and develops the necessary skill for the application of theoretical knowledge to practical situations.
One of the most important calibres that are inculcated in the CA’s during their training days is the effective utilisation of limited time, required to be allocated between their work and study in an effective manner so that the best results could be gained for the time utilised. Thus, it provides the exposure of practical application of various business aspects along with the application of various law of accountancy and other financial modules, which further helps them during their whole life. Being into the place of work also makes you aware of all the situations and contingencies and suggests the ways of taking decisions and the manner of reactions in unexpected situations.
Thus, this helps in developing communication skills and to articulate effectively with the client and the society.Articleship Training not only helps you clear CA Exams but also helps build a handsome career. You will get to know the importance of articleship, when you go out for your first interview. The person who will be taking your articleship interview is already an experienced person.They want such a candidate who has excellent knowledge and also experienced in applying them in the practical scenario. The Interviewer in the first few minutes of the Interview would be able to judge whether you have practical knowledge and have done sincere Articleship . During the time
of Campus recruitment too, students who have done proper Articleship are always given preference, as they understand the importance of work culture of the organization and companies have a heavy preference for Students who have done proper training as they can be put on the job from the Day 1.
Articleship during the course of chartered accountancy is extremely important as it forms the backbone of your career. A qualified chartered accountant without articleship experience is like a blunt knife, which has been built to cut anything but does not have enough strength. And such knives are of no use to the society and therefore, redundant over a period of time.It is important that articleship should be seen as a tool to learn and grow whilst in the process of your journey to become a chartered accountant. You do not need coaching and training for all the
subjects and even if you need then focus on your time management skills. It is very important for anyone to realise that CA degree is a highly respected profession not only in India but across the globe and it is therefore, important that one manages everything well.
The things a student could learn in articleship would go a long way with you and would help you become a strong and respectable professional. In the short term you might find things easily achievable, however your ambition to become a through and brilliant professional might turn out to be a distant dream.
Articleship is the only period where you get a chance to learn on the cost of others. You get a chance to meet with the top management of companies, create a network with the senior people all of which is hard to get in your initial years. This experience or strong network also support your career at the initial level. Strong network helps you to gather clients or get a good job.
One of the famous quote Is :
if you sweat more at the time of training, you will have to bleed less in the battle.