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Articleship training is essential as a part of the CA Curriculum. This mandatory three-year training period involves enrolling under a practicing Chartered Accountant or firm to gain practical insights and knowledge. It offers a hands-on educational experience that exposes CA aspirants to real-world scenarios within the CA community.
The CA course framework is thoughtfully structured to combine profound theoretical understanding with extensive practical exposure. This approach fosters holistic development, imparts practical competencies, and shapes individuals into effective problem solvers.
The significance of this training should not be underestimated. Thus, the process of selecting the right firm requires thorough contemplation for every student.
Why Choosing a CA firm for CA Articleship is an essential decision?
Upon successful completion of the Intermediate level of the CA Curriculum, candidates are required to select a CA firm to undertake their articleship training. This decision holds utmost importance as it sets the trajectory for a prosperous career, contingent on making a well-informed choice considering various factors. The three-year duration spent with a CA firm significantly influences one's professional growth.
Recognizing the pivotal role of this training and the need to aid candidates in their selection, a selection of prominent CA firms in Mumbai has been highlighted as potential options for Articleship.
Top 10 CA Firms in Mumbai for Articleship in 2024
Mumbai is the financial capital of India, and as such, it is home to some of the top CA firms in the country.
Here is a list of the top 10 CA firms in Mumbai for Articleship in 2024, along with their services offered, overall ratings, and average monthly stipend range for article trainees.
KPMG
With a workforce of over 273,424 employees across the world, KPMG offers various career-building opportunities for prospective CAs. Klynveld Main Goerdeler (KPMG) is amongst the top four CA firms. It has also been categorized as one of the largest professional services networks in the world.
- Services offered - Audit, Tax, and Advisory
- Overall Ratings - 4.5/5
- Average Monthly Stipend - Rs 12k-20k/month (approx)
Price Waterhouse Coopers
Price Waterhouse Coopers, recognized as one of the top CA firms in Mumbai and globally, has over 364,000 professionals working in over 152 countries around the world. Considered the world's second-largest professional services network, working with PWC offers an unparalleled opportunity to elevate one's career as a Chartered Accountant to new heights.
- Services Offered - Tax, Assurance, and Advisory
- Overall Ratings - 4.4/5
- Average Monthly Stipend - Rs 12k-20k/month (approx)
Lodha & Co.
Lodha & Co. was set up in 1941. The firm has 16 partners and is supported by a well-experienced team that includes Chartered Accountants, Management Graduates, Company Secretaries, Cost Accountants, etc. It offers its services to numerous clients both in domestic as well as international markets which include corporate clients, central banks, banks, insurance companies, public sector corporations, etc.
- Services Offered - Audit, Management Consultancy, Tax Consultancy, Accounting Services, Manpower Management, Secretarial Services
- Overall ratings 5/5
- Average Monthly Stipend - Rs 13k-15k/month (approx)
Engineer & Mehta
Engineer & Mehta is a leading firm of chartered accountants that has an impressive roster of international clients spread all over the world including Europe, the USA, Canada, Eurasia, South America, Asia, Australia, and Africa.
- Services Offered - Business Tax Advisory, Accounting Services, Assurance, Tax & Advisory, GST Services
- Overall Ratings - 4.7/5
- Average Monthly Stipend - Rs 10k-12k/month (approx)
KKC & Associates LLP
KKC & Associates LLP (formerly Khimji Kunverji & Co LLP), established in 1936 and now recognized as one of the top CA firms in Mumbai, boasts over 75 years of experience in public practice as a Chartered Accountant. Led by 15 partners and supported by a team of over 285 members, the firm has extensive experience in serving multi-national companies (MNCs), large corporates, small and medium enterprises (SMEs), and Owner Managed Businesses.
- Services Offered - Accounting & Business Support, Assurance, Advisory and Consultancy, Tax & Regulatory, Business & Management Consulting Services
- Overall Ratings - 4.6 / 5
- Average Monthly Stipend - Rs 16k-20k/month (approx)
Todarwal & Todarwal
Todarwal & Todarwal was founded in 1952. The firm consists of several professional staff members who give prompt and efficient service to their prestigious clients which include manufacturing, trading, finance, and service corporations. It does professional work for listed and private corporations, non-residents, foreign companies and banks, firms, and individuals.
- Services offered - GST, transaction advisory services, due diligence, system design, management consultancy, valuation, taxation, and payroll processing services
- Overall ratings - 5/5
- Average Monthly Stipend - Rs 8k-10k/month (approx)
Grant Thornton
Grand Thornton , founded in 1924 and recognized as one of the top CA firms in Mumbai and globally, operates with branches across 135 countries. The firm boasts over 60,000 staff members. Working at Grant Thornton offers accelerated career paths, professional training, development opportunities, and a culture where performance is valued, recognized, and rewarded.
- Services Offered - Supply Chain, Tax, Advisory Services, Audit, public sector, consulting, operations, manufacturing, and strategy, Forensic, and investigation services, Mergers, and acquisitions
- Overall ratings - 4.5/5
- Average Monthly Stipend - Rs 20k-22k/month (approx)
Kamdar Desai & Patel LLP
Kamdar Desai & Patel LLP was set up it 1955. Their team of highly skilled and motivated professionals includes Chartered Accountants, Management graduates, Cost Accountants, Lawyers, and Company secretaries who have worked for top consulting firms. It has over 65 years of experience.
- Services Offered - Assurance, Consulting, Audit, Risk Advisory, Taxation Services, Financial Advisory, Transaction Services, and Professional Services
- Overall ratings - 4.3/5
- Average Monthly Stipend - Rs 12k-16k/month
K. S. Aiyar & Co.
This firm was founded by Kalyan Subramani Aiyar who is also known as the Father of Accountancy in India. K. S. Aiyar & Co. is one of the oldest Indian Accounting firms in the country. The firm was established in Calicut in 1897 and then it was shifted to Bombay in 1900.
- Services Offered - Independent Audit & Assurance, Accounting and Corporate Support, Legal and Secretarial Support Management Consulting and Tax Consultancy, Tax Audit and Advice on Indirect Taxes
- Overall ratings - 4.2/5
- Average Annual Salary - Rs 5k-8k/month (approx)
N. A. Shah Associates LLP
N. A. Shah Associates LLP recognized among the leading top CA firms in Mumbai, has provided a range of value-added services since its establishment in 1965. The firm is renowned for its capability to consistently offer innovative, technically proficient, and executable solutions.
- Services offered - Audit & Assurance, Cross Border Advisory, Transaction Advisory, Succession Planning, Transfer Pricing, and Due Diligence, business advisory, direct and indirect tax, and regulatory services.
- Overall ratings - 4.4/5
- Average Monthly Salary - Rs 10k-12k/month
(Note: The above firms are not in any particular order or ranking. So, now you can choose the best firm for a CA article ship in Mumbai from our list or your research. We wish you luck in your training and future endeavors.)
Disclaimer: These are not our own opinions; instead, they are based on the data extracted from intensive research. However, they may vary from company to company.
Also, Read, Top 10 CA firms with the highest stipend for Articleship in Delhi in 2024
Written By Harshita Kumar
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