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First and foremost, congratulations on getting one step closer to your goal and clearing the Chartered Accountancy Intermediate examinations. So, are you prepared for the next step, i.e. CA Articleship? If yes, then continue reading this.
Primarily, what is CA Articleship?CA Articleship is a practical training program that is one of the Institute of Chartered Accountants of India (ICAI)'s essential prerequisites for becoming a Chartered Accountant(CA).
Candidates who undertake this training are known as Articled Assistants (Articles). It is the turning point in the life of a Chartered Accountancy student as it introduces them to the practical world. It transforms the aspirants so they may flourish in their professional careers.
Most of the CA firms provide a stipend for the Articleship. While choosing the CA firm for your articleship, you need to consider whether the firm is providing adequate compensation.
Now, what is a stipend?
A stipend is a form of pay provided to specific persons for services rendered, other employment, or while they are through training.
The minimum stipend prescribed by ICAI is 2k for articles. It also rises by a certain amount each year, much like salary increases.
Here’s the minimum stipend prescribed by ICAI. However, there is no upper limit, and a Chartered Accountant can pay any amount as a stipend to his articled assistant.
|
Classification of the normal place of service of the articled assistant |
Stipend Payable Per Month |
||
|
During the first year of the training |
During the second year of the training |
During the third year of the training |
|
|
Cities/Towns having a population of 20 lakhs and above |
Rs. 4000 |
Rs. 5000 |
Rs. 6000 |
|
Cities/Towns having a population of 5 lakhs and above but less than 20 lakhs |
Rs. 3000 |
Rs. 4000 |
Rs. 5000 |
|
Cities/Towns having a population of fewer than 5 lakhs |
Rs. 2000 |
Rs. 3000 |
Rs. 4000 |
Remember that these 3 years of CA articleship are crucial for your career. So, here is a list of the top 10 CA firms in Jaipur which provide the best stipend and training.
Best CA Firms for Articleship in Jaipur in 2024
KALANI & Co.
Kalani & Company is one of the leading and largest Chartered Accountancy and Consulting firms having its HQ at Jaipur Rajasthan, the upcoming and the largest State of India, and branch offices at Jodhpur, Kota, Bhilwara, Pali, and Sojat City. The firm is known for its work discipline, expertise, straightforward approach, and professional presentations on various legislative, accounting, and other developments.
- Stipend Range for Article Trainee: (₹0.5 L/yr - ₹3 L/yr)
- Average Article Trainee Stipend: (₹2 L/yr - ₹8 L/yr)
- Overall rating: 3.5 / 5
S.R. GOYAL & Co.
Established in 1981, S R GOYAL & CO is a 40-year-old Chartered Accountancy firm providing services across India. With offices in New Delhi, Jaipur (Rajasthan), and Thane (Maharashtra), the firm specializes in audits, risk assessments, business advisory, government scheme benefits, and more. Supported by a robust team of professionals, they excel in managing assignments for medium to very large organizations.
- Stipend Range for Article Trainee: ₹2.0 lakhs/yr - ₹3.6 lakhs/yr (appx.)
- Average Article Trainee Stipend: ₹1.65 lakhs/yr (appx.)
- Overall rating: 4.3 / 5
- Stipend & employment benefits rating: 2.9 / 5
PSD & ASSOCIATES
PSD & Associates is a Jaipur-based company that offers services like tax consultancy, audit, accounting services, etc.
- Stipend Range for Article Trainee: ₹1.22 lakhs/yr - ₹5.0 lakhs/yr (appx.)
- Average Article Trainee Stipend: ₹2.5 lakhs/yr (appx.)
- Overall rating: 4 / 5
- Stipend & employment benefits rating: 3 / 5
AAJV & ASSOCIATES
AAJV AND ASSOCIATES, a Chartered Accountancy consultancy, boasts integrity and a deep understanding of India's business environment. With in-house expertise in specialized verticals, they offer services including Assurance, Risk Management, Business Development, Accounting, Financial Services, and Forensic Accounting.
- Stipend Range for Article Trainee: ₹3.0 lakhs/yr - ₹5.0 lakhs/yr (appx.)
- Average Article Trainee Stipend: ₹4.25 lakhs/yr (appx.)
- Overall rating: 4 / 5
- Stipend & employment benefits rating: 3 / 5
S BHANDARI & Co.
This company has been in business for almost 50 years and has offices in Jaipur and Mumbai. Services offered by them include taxation, consulting, auditing & assurance. S. Bhandari & Co. LLP (SBC) (Firm Reg No. 000560C/C400334) was established in March 1972. Today SBC is one of the leading firms of Chartered Accountants in India.
- Stipend Range for Article Trainee: 2.0 lakhs/year - 7.0 lakhs/year (approx.)
- Average Article Trainee Stipend: 2.8 lakhs/yr (approx.)
- Overall rating: 5 out of 5
- Stipend and employment benefits rating: 3 out of 5
VINOD SINGHAL & Co.
As one of the premier CA articleship firms in Jaipur, this organization boasts over 30 years of experience. With a team of experts and professionals nationwide, Vinod Singhal provides a range of services including taxation, insolvency and bankruptcy consulting, financial services, business process outsourcing, and more.
- Stipend for Article Trainee: Rs. 2.0 lakhs - Rs. 11.0 lakhs per year (approx.)
- Average Article Trainee Stipend: 5.5 lakhs/yr (approx.)
- Overall rating: 4.7 / 5
- Stipend and employment benefits rating: 4.5 / 5
A.R. VIJAY & Co.
It was founded in 2009 and is considered the best mid-size accounting company for articleships in Jaipur. This firm caters to services: tax return filing, accounting, taxation, income tax returns, and tax appeal services.
- Stipend Range for Article Trainee: 1.0 lakhs/year - 2.0 lakhs/year (approx.)
- Average Article Trainee Stipend: 1.5 lakhs/yr (approx.)
- Overall rating: 4 out of 5
- Stipend and employment benefits rating: 5 / 5
RAJVANSHI & ASSOCIATES
Rajvanshi & Associates' established in 1990, is headquartered in Jaipur. Some of their specialties include insolvency and bankruptcy services, forensic auditing, equity valuation, and accounting services. It is considered the best mid-size CA firm for article ships in Jaipur.
- Stipend Range for Article Trainee: 1.8 lakhs/year - 2.0 lakhs/year (approx.)
- Average Article Trainee Stipend: 1.9 lakhs/yr (approx.)
- Overall rating: 4.6 / 5
- Stipend and employment benefits rating: 4 / 5
DHADDA & Co.
Dhadda & Co. is considered one of the best CA firms in Jaipur for articleship. It was founded in 1990 and has since carved out a position for itself in the areas such as taxation, advising, and attestation.
- Stipend Range for Article Trainee: 20k/yr - 8.0 lakhs/yr (approx.)
- Average Article Trainee Stipend: 4.10 lakhs/year (approx.)
- Overall rating: 5 / 5
- Stipend and employment benefits rating: 3 / 5
H.C. BOTHRA ASSOCIATES
It was formed in 1979, and over the years, the firm has grown to be the best mid-sized firm in India and Jaipur. H.C. BOTHRA ASSOCIATESoffer various services, including corporate law, auditing and assurance, FEMA services, and corporate advisory.
- Stipend Range for Article Trainee: 1.8 lakhs/year - 2.2 lakhs/year (approx.)
- Average Article Trainee Stipend: 2 lakhs/year (approx.)
- Overall rating: 5 / 5
- Stipend and employment benefits rating: 4 / 5
Note: The above firms are not in any particular order or ranking. So, now you can choose the best firm for a CA articleship in Jaipur 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.
Also, Read, Top CA Firms To Watch Out For In 2024
