I am a final year student at IBA in the Bs(Accounting and Finance) program. I will be eligible for the SDAI exemptions for CA and will have to complete my articleship for three years. Now, when it comes to articleship, there are two options:
1) Audit Firm
2) Training Organisations outside Practice (TOoP) aka ‘Industry’
I want to know the potential downsides to working at a regular company (industry) instead of an audit firm for my articleship. Will it hurt future job/promotion prospects?
I have heard that industry pays better and working hours are normal office hours rather than the extreme timings at audit firms. Note that even firms pay IBA grads double of what they pay regular CAs/ACCAs.
However, everyone I talk to about this issue just tells me one thing: “with an audit firm, you’ll have the experience of multiple companies, but with a company, you’ll have the experience of just one”. At the end, if I pass all my exams and complete the articleship, I get a CA qualification in both cases, so is it any different to employers? Will my IBA degree make any difference? Because right after graduation, IBA people generally get better salaries than those of other universities.
Need some more help with this. Thanks.
Sent from my iPhone using Tapatalk