The students learn about the format prescribed for profit and loss account, balance sheet and final accounts when learning theory. But when it comes to practical form, the work is difficult as it is a day to day activity. So, the financial statements and the adjustments get into the mind after connecting the theory with the job activity. The article ship period is three years in chartered accountancy. CMA provides the article ship training as 15 months. And in the case of ACS, the article ship training is 15 months for intermediate and 12 months for the final examination. There are two routes in these professional courses. One is for plus two students, and the other one is for the graduates. For graduates, the marks should be 55 or 60 percent. For plus two students, they must complete the intermediate level. They learn to check vouchers, checking the books, checking the different accounts, tax payment, finance, and structure of the company.
By the age of 22 or 23, science students become professionals, and commerce students also become professional by the same age. Foundation and intermediate first group student qualifications are equivalent to B.com. The CA intermediate group two students are equivalent to M.com. The CA intermediate can easily pass the M.com course with the intense knowledge of commerce. In one of a youtube video, Prime Minister Mr.NarendraModi told that the signature of chartered accountants has more value than the signature of the prime minister. This statement is because the service of chartered accountants and company secretaries are necessary for society.
What sort of companies is suitable for article ship training?
It is a mere waste of time to do the article ship training in a small firm. CA students can do article ship with practicing chartered accountant, CA firm, limited liability Chartered accountancy firm, or with big four companies. In the case of CMA and CS, they can do the article ship with a public limited company or MNC companies. Big Indian firms have corporate files. But in small companies, just administration of salary is not useful. So, understanding finance is possible only with big companies. The stipend is mandatory with a range of 12,000 to 20,000. This amount is the value that professional course students get when learning. RR Academy has a cordial relationship with the old students, CA firms, and corporate companies. With huge experience as a training institute, we arrange article ship training with a reputed company which helps the students when attending the interview. The number of attempts, marks, and article Ship Company plays a valuable role in the future of the students.
What is the practical knowledge that students gain during article ship training?
- Real-time exposure is the crucial process that happens in article ship training.
- Educate the student about the fundamental concepts.
- The work culture is the thing that trains the mind about the people, dress, and clients.
- The hierarchy of management helps to administrate the people in the office.
- Work and personal life balance is something which educates the time management to the students. The student learns to work quickly with this.
- The student must know about the objective of the job like training with the specialized area and general areas of finance. These objectives would motivate the student.
- During the internship, students gain work experience that educates the value to them.
- Students develop competitive skills through work experience.
- Students connect them with professional networks through LinkedIn and Facebook. This network will create confidence in the students.
Final Thoughts
Before buying a product, customers check the reviews of the product. Likewise, before joining the job, it is essential to know the performance metrics. The expectation of the management is the thing that the employee needs to work-on. By satisfying the employer the professionals understand the value of the profession. There are chances to get the pre-placement offer if the management is satisfied with the performance of the intern. As the interns represent the training institute to the corporate world it also enhances the value to the training institute. If you want to get placed in a reputed company, then plan your internship with a reputed company. This planning will help you to live your dream.
