22 October 2010
I am a Final Student from march 2011 and complete my articles by march 2012. i m willing to take Industrial Training . Am i eligible to write my CA Final exams at Nov 2011. Or only article students are suppose to write exams 6 months prior to their completion of their articles...
CA COURSE AT A GLANCE Under the course, the requirements for becoming chartered accountant are as follows: • Enrol for Common Proficiency Test (CPT), after passing Class 10 examination • Pass 10+2 examination and CPT • Enrol for Group I or Group II or for both Group I and Group II • Successfully complete 9 months of Study Course • Successfully complete Orientation Course of one week spanning over 35 hours and covering topics, such as, personality development, communication skills, office procedures, business environment, general commercial knowledge, etc • Successfully complete Information Technology Training (ITT) or Computer Training Programme • Appear and pass Group I as well as Group II of Integrated Professional Competence Examination (IPCE) • Group I is composed of four papers and Group II is composed of three papers • Register as Articled Assistant for a period of 3 years, on passing either Group I or both the Groups of IPCE • Get IPCE Certificate, on passing both the Groups of IPCE • Appear in IPCC Final Examination during last 6 months of 3 years of articled training • Pass Group I as well as Group II of IPCC Final Examination • Complete remaining period of articled training, if applicable • Successfully complete the Course on General Management and Communication Skills • Get IPCC Final Examination Certificate • Enrol as a member of ICAI and designate as "Chartered Accountant"
A student has to undergo articled training for the period of three years along with theoretical education. The entire period of practical training can be served with a practising member or it can be served partly with a practising member and partly in an approved industrial establishment as an Industrial Trainee. The period of such industrial training may range between 9–12 months during the last year of the prescribed period of practical training. Only students of Final Chartered Accountancy Course are eligible for Industrial training. A person registered as an articled assistant is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time.