The Advantages of Completing Articles at a Medium-Sized Firm
Starting your SAICA Training Contract in the auditing world can be daunting. After completing your degree, you don’t need additional uncertainties and stress. The key is to decide where to complete your training: at a medium-sized firm or one of the “Big 4.”
What is a Medium-Sized Auditing Firm?
Medium-sized firms cover all areas of auditing, tax, accounting, consulting, and payroll services—just like the Big 4. However, they have a different clientele and company culture. These firms, such as BGR Association, typically have between 20-100 employees and may have multiple offices.
So, which path should you choose? Let’s explore the benefits of starting your career at a medium-sized firm.
Diverse and In-Depth Audit Experience
At a medium-sized firm, you will tackle various tasks in different departments, giving you a broad understanding of auditing, tax, and accounting in various industry sectors. This comprehensive knowledge will help you develop a solid foundation in the financial sector.
A medium-sized firm will allow you to work on a wide range of projects such as:
- financial statement audits
- independent reviews
- compilation of financial statements
- internal audits
- tax planning and compliance
- accounting services
- and even advisory services.
What SAICA trainee accountants cover at BGR Association:
- all sections of audit
- individual income tax returns
- Trust tax returns
- Individual returns and compilations
This diverse experience will not only expand your knowledge and skills, but it will also make you more employable. Employers seek audit professionals and chartered accountants with a diverse understanding and background.
Personalized Training and SAICA Mentorship
In a medium-sized firm, you won’t be just another employee. You’ll receive personalized training and mentorship. This close-knit environment fosters learning and development, helping you grow quickly and effectively.
At BGR Association we believe in an open-door policy, which is crucial for trainees who are studying part-time towards an Accounting Degree. Our directors offer expert advice and resources to all trainee accountants. These interactions can provide valuable insights and guidance for your career, helping you to develop a clearer understanding of the business and your role within it.
Tip: In order to look for companies offering SAICA training contracts, first ensure that the firm is registered as an Accredited Training Office with SAICA. Simply search by company name or location e.g. BGR Association, located in the Western Cape.
Part-Time Study & Full-time Work Opportunities
Medium-sized firms often allow accounting students who are studying part-time to start their articles. This flexibility is advantageous for students who want to gain practical experience while completing their studies.
BGR Association offers SAICA training contracts to undergraduate, graduate, and post-graduate students while completing their studies. Contact us to start your career with BGR.
Hands-On Training
Medium-sized firms offer more hands-on experience. You’ll be involved in various aspects of client interactions and project management, providing practical experience that is invaluable for your career.
You’ll engage directly with clients, gaining insights and building relationships that can be crucial for your professional development. Due to the smaller teams of medium-sized firms, each employee has a greater level of responsibility. Leading to a well-rounded audit experience.
Balanced Work Environment
Medium-sized firms strike a balance between the structured processes of larger firms and the flexibility of smaller ones. One main objective of BGR is to create a meaningful workplace, by organising social events and outreaches for the whole office. You’ll find that while the work is challenging, it’s also rewarding and manageable.
Career Growth Opportunities
There is plenty of room for career growth in medium-sized firms. You have the chance to prove yourself and climb the ladder faster. The firm’s size allows for more visibility, and your hard work can be quickly recognized and rewarded.
Exposure to Various Industries
Medium-sized firms serve clients across different industries. This exposure helps you discover which sector you’re most passionate about, whether it’s retail, manufacturing, technology, or another field. Such varied experience is beneficial for your future career, providing you with a well-rounded perspective.
Conclusion
Completing your SAICA training contract at a medium-sized firm offers numerous benefits. You’ll receive personalized training, diverse and hands-on experience, and a balanced work environment. A medium-sized firm might be the perfect place to start your career in audit and accounting. Consider the unique advantages they offer when making your decision.
Not sure yet? Contact us today for more information.