Vacancies for ACA, FCA, CA Inter, CA Final and CA Articleship
Excellent Exposure, Multi Disciplinary Experience Potential
Jobs Available at Chartered Accountant Firm in Faridabad
Work Profile includes Accounting, GST Taxation, Income tax cases, GST Cases, GST Returns, Income tax returns, TDS Returns
We are one of a mid size CA Firms in Faridabad with around Multiple Chartered Accountants, and Company Secretaries from same office. Along with a large Staff supporting in Tax, GST, Audit and International Tax Domains
Core Accounting Work – which is a very good Base for Accounting Professional
Voucher audit, Ledger Review,
CA Articles Job and Experiences
MLG Corporate Policy for the Training of CA Articles
We believe that the CA articles come to LEARN. And CA firm should help them. To learn and to evolve. To see at close Quarters, on a wide variety of things.
The Goal is such that they become competent CA’s when they complete their articleship
And they can be fit for (a) A CA in Practice in Multiple areas (b) a CA in Job in multiple areas
Every CA Article will be / can be given exposure in all these things, over his 3 years of articleship.
These exposures will be spread over the 3 years.
|First year||Various topics, some Core Focus, some light focus|
|Second year||Various topics, some Core Focus, some light focus|
|Third year||Various topics, some Core Focus, some light focus|
Coaching Experience vs Actual Experience
There are two kinds of work
High Volume :
Like Statutory Audits,
Like Tax Audit Annexures
Like Balance Sheet plotting
Like Income Tax returns
Like GST R1 Data preparation
Like GST R3 Data preparation
Like GST R9 Data preparation
Like TDS Data preparation
This can be shared via actual experience with all articles
Low volume :
FEMA work: ex FLA returns are filed to Reserve Bank of India,
For these exposure will be via simulation.
So, articles cannot expect to be doing those importance / sensitive work,
However, after the return is gone, it may be explained in the conference room to all the interested articles for “knowledge”
Entry in Accounts
Accounting is the base. This is the base of all learning. A person who does not know practical accounts, cannot do audits as good as one who has done this. So, every article must learn accounting both in Finsys and in Tally
Manufacturing Company Accounts – Large Company
GST on Sales (income side)
GST ITC on Purchase of Goods
GST ITC on Purchase of Services
TDS Purchase 194Q
Service Company Accounts
Tally Prime / Tally ERP 9 Experience
GST on Services income
GST ITC on Purchase of Services
TDS Purchase 194Q
Accounts of small company
Some small companies accounts
Main time investments : Audits
Audit is per say the second biggest area we have in MLG.
Here the student must learn detailed genuine audits
Audit of Manufacturer into Import of Raw Material , processing and domestic sales – Including Imports, GST, and TDS
Audit of Manufacturer into Domestic Buying of Raw Material , processing and Export of goods
Audit of SEZ unit, and how vouchers are passed and audited
Audit of Small companies
Ledger Review – what and how
Audit of Subsidiary companies…. Indian Wholly owned subsidiaries, with shareholding 100% by companies abroad
Outstation Audits. ( occasional )
Going to ITO / GST Office
Going to Income tax office = Faridabad
Going to Income tax office = Gurgaon
Going to Income tax office = Delhi
Going to Income tax office = Chandigarh
Going to GST office = Faridabad
Going to GST office = Delhi
Preparation of cases
Income tax 143(3) assessments
Income tax objections , notices and their replies
Articles interested in going to these locations, may register with HO and will be given opportunities, whenever possible. Some of the visits could be significant. Some could be only for sake of going.
But MLG can surely help you at least go there and see how they work.
Registration and pre- and post-evaluation is a must
TDS Contractor and Professional
TCS = scrap
Willing candidates will get this experience , if selected by seniors.
GST Return – 3B, how to make, and review
GST Return – 1, how to make, and review
GST Return – Reco of 2A, how to make, and review
GST Return – 9, how to make, and review
These are good experiences.
GST returns are filed every month, for some companies who have given this task to us.
Articles interested in doing these, may register with HO and will be given opportunities, whenever possible.
There would be 3 kinds
Experience Only for “watching”
Experience Only for “Conference room training”
Experience for “Doing” … in case you want to do by own hands, then you have to be patient.
Since wrong returns or mistakes can be very damaging for the customer and for MLG goodwill also. Errors are simply not allowed.
A fresh article who does not know some practical months of Accounts and Audits will not be usually considered for the more complex assignments. Due to risk of errors involved.
And “Doing” will be allowed only after being a witness to the person who is doing this task for sufficient time
Income tax Returns
Income tax returns – Individuals, Salaries
Income tax returns – Individuals, Rentals
Income tax returns – Individuals, capital Gains
Income tax returns – Individuals, Small Business
Income tax returns – Individuals, Partner of Firms
Income tax returns – Company
Income tax returns – Firms
Income tax returns – NGO / not – for- profit trusts etc
These are good experiences too.
Each article must learn these.
This dept has 2 people who do this, and 2 who support them, so
Only 2 candidates shall be taken for this experience every year
15CA, 15CB forms
CA Certificates on different topics … review of the file… and how data is received from each company / for each such certificate
This above is also usually given to the person who is the GST / Income tax / TDS taxation wing.
Balance Sheet Activities
Draft Balance Sheet in Excel in MLG Format and method
Balance sheet review, creation of objection list and action to remove those objections
Printing of Balance Sheets ( even this needs a high level of acumen )
Stamping of Balance Sheets
Entry of Balance sheet into the Income tax Forms / Formats online
3CD data preparation with customer
Entry of 3CD data into the Income tax Forms / Formats online
Some other specialized balances sheet season forms like MAT, SEZ etc
Again very critical tasks
We shall do job rotation during June, July, August, and September each year
Between audit staff and tax staff
Audit Customers get the continuity
Balance sheet and Tax department gets work done
It could be one year at audits , second year at Tax dept (( case by case )), based on merit and availability
Physical Stock Verification Audits
Prior intimation / permission is required
By proper preparation and briefing
DUTY OF MLG PARTNERS / HO
We shall see that if the article follows the rules above, we shall help him/her experience the above activities, either by doing, or by conference room training
DUTY OF Article
Work as per the instructions
Do not take too many leaves
Tell the mistake, if any committed. Rather than, it remain hidden and later snowball into a big disaster.
Have patience…. Everything is not possible in first year
Stipend of Articles
Year 1 : Rs 7000 to Rs 10,000 pm, based on talent and grasp
Year 2 : upto 20,000 pm, based on talent and grasp
Year 3 : upto 30,000 pm, based on talent and grasp
This is based on knowledge, experience, diligence, discipline, and what your seniors see in your attitude and performance.