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Hey weegy....! What is abilities and talents in C.A????? And what is a financial possibilies in C.A?
Hiring CA students in areas other than audit isn’t a new concept. [ CA firms have been doing this for years, but it came with the logistical and administrative challenges of rotating these students into other areas of the firm in order to satisfy the chargeable hours associated with the right to practise public accounting. The decision to offer these direct CA Training Office programs outside of external audit can also be based on a broader strategic recruiting campaign, enabling firms to hire top talent in areas where graduates are interested to start their career. For example, a CA
student interested in tax likely gets more interesting and in-depth tax work without having to be rotated into external audit during their practical experience period. The result? These CA firms may end up with a competitive advantage in recruiting students. The same principle applies to any practice area within the firm such as financial advisory, risk, compliance, and forensics. Other benefits include the following: CA Training Office programs outside of external audit recognize that not all practice areas are bound by the requirements to practising public accounting and/or not all students are interested to practise public accounting. For those that are, the requirements to practise public accounting can be fulfilled post-qualification. This, in theory, provides more flexibility to the firm in that rotations can be optional post-qualification instead of imposed on all CA students pre-qualification. For the mid-sized CA firm, offering additional CA Training Office programs can also increase the overall approval limit on the number of CA students they could otherwise train. One only needs to look at the track record of the national accounting firms, who were quick to seek approval to train CA students in specialized practice areas of their firm without requiring a rotation to audit, to get an indication of how successful this program can be. ]
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Expert answered|selymi|Points 7952|
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Asked 4/15/2012 5:05:53 AM
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