Articleship is one of the important parts of a candidate’s CA journey. The candidates are eligible for the articleship once they pass one or both groups of the CA Intermediate exam. The articleship is necessary for a CA aspirant to gain practical knowledge. However, working at a well-known mid-size firm will undoubtedly benefit their career.
There are a number of firms where CA aspirants can work as article trainees after they have passed either or both groups. These firms are specialists in various fields such as finance, auditing, taxation, etc. The CA aspirants are eligible to work in Big 4 firms if they are the rank holder or have cleared both groups of CA intermediate in the first attempt.
Have you cleared one of your groups and are looking for an articleship in one of the mid-size CA firms in Mumbai? Then, you have come to the right place. In this article, we will discuss mid-size CA firms and more.
What Is a Mid-sized CA Firm?
Midsized businesses are those that are neither part of the “Big 4” nor small firms. Some of the renowned mid-sized firms are BDO, Grant Thornton, and RSM. The ones working in mid-sized firms have a great sense of ownership as the CA is directly working with the client.
Due to the diverse variety of projects each firm undertakes, the situation in a mid-size or small firm is very different. The trainee’s work may range from filling out forms to conducting a thorough audit of a company. The amount of on-the-ground or field work required is an important consideration in this situation.
Mid Size CA Firms in Mumbai
Getting articleship in a good firm is a tedious task. Are you also looking for articleships at mid-size CA firms in Mumbai? We have mentioned some of the mid-size firms where article trainees can work and gain a good amount of experience.
The following is a list of mid-size CA firms in Mumbai:
| S.no | Companies |
| 1 | Grant Thornton |
| 2 | Haribhakti & Co. LLP |
| 3 | Engineer & Mehta Chartered Accountants |
| 4 | K S Aiyar & Co. |
| 5 | N A Shah Associates |
| 6 | Singrodia Goyal & Co. |
| 7 | Poneet Gupta & Co. |
| 8 | Sharp & Tannan |
| 9 | G M Borkar & Co. |
| 10 | R M Ajgaonkar & Associates |
| 11 | Todarwal and Todarwal LLP |
| 12 | P.D. Saraf & Co. |
| 13 | Ford Rhodes Parks & Co. LLP |
| 14 | Jayawant, Desai & Co. |
| 15 | Khimji Kunverji & Co. LLP |
Big 4 vs Mid-Size vs Small Firms for CA Articleship?
Are you unaware of the distinction between the Big 4 and mid-sized or small firms? We are here to help you with your confusion and provide you with the points one should keep in mind while applying for the articleship.
The following is the difference between the Big 4 firms and mid-size/small-size firms:
| Particulars | BIG 4 FIRMS | MID-SIZE FIRMS/Small FIRMS |
| Meaning | Big 4 firms are Deloitte, PWC, EY, and KPMG which are the four largest accounting and professional services firms in the world with huge workforces and revenues. | Mid-size/small firms consist of all the firms that are not Big 4 firms and have less number of employees. |
| Stipend | Big 4 pays well to the article trainees. | These firms pay less than Big 4 firms, and it is set as per ICAI recommendation. |
| Work Pressure | Work pressure in BIG 4 firms is quite high | Work Pressure in mid-size/small firms is comparatively less |
| Clients | The clients of Big 4 are big and have a high budget | The clients of these firms are smaller as compared to the BIG 4. |
| Networking Opportunities | The networking opportunities are more in the Big 4 as there is a large pool of clients. | The scope of networking is limited to mid-size/small-size firms. |
FAQs: Mid Size CA Firms in Mumbai
1. What is the Stipend for CA Articleship in a Mid-size Firm?
A mid-size firm pays less than the BIG 4 firms, a firm has to pay a minimum stipend set by the ICAI, and there is no higher limit set by the ICAI.
2. What is the stipend for Big 4 Articleship?
The stipend for Big 4 Articleship ranges from Rs.10,000 to Rs.20,000.
3. Who is highest paid CA in India?
Kumar Mangalam Birla is the highest-paid CA in India.
Wrapping Up
You must now be well aware of the mid-size CA firms in Mumbai and mid-size firms in general. Finding an articleship with a good firm is definitely a difficult task, one has to do a lot of research on the firm before starting the articleship.
We hope we were able to provide all the relevant information that you were looking for. We wish you all the best for your CA journey.
Let us know in the comment section below if this article helped.
