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Best way and co. to do articleship.

This query is : Resolved 

20 September 2013 dear sir.. I have a confusion about aricleship training, that how will i accuire more working knowledge? where to do articleship? or so.. and if we are not satisfied wherever we are doing articleship training, a co. or under a chatered accoutant.. how can we apply for change( if any) ??

20 September 2013 There is detail provision for taking change fro CA during article ship:


Transfer/Termination of Articleship
[Regulation 56(1)]

In partial modification of the announcement dated 30th June 2009 regarding transfer / termination of articles the Council in its recent meeting has decided that the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible on
the grounds as stated below: -

I. Transfer /termination of articles is permitted without any restriction during the first year of articles.

II. During rest of the articleship period on satisfying any one or more of the conditions as stated below: -
1. Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital).
2. Transfer of parent(s) to another city.
3. Misconduct involving moral turpitude.
4. Other justifiable circumstances / reasons: -
(ii) Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship): -
a. Industrial Training (Regulation 51)
b. Secondment of articles (Regulation 54)
c. Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC)
d. Death of Principal [Regulation 57(1)(c)]
e. Ceasing of practice by the Principal [Regulation 57(1)(a)]
f. Removal of name of the Principal from the Register of Member due to any reason
[Regulation 57(1)(b)]

(iii) Marriage basis (only if there is relocation to another city involving distance of 50 kms).

(iv) Irregular payment or non payment of stipend with reference to Regulation 67.

(v) Articled assistant desires to serve balance period of training outside India.

(vi) Shifting by the Principal to another city involving distance more than 50 kms.

The articled assistants are required to get the consent of the Institute before getting Form 109 signed by the Principal in their own interest.

The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper alongwith the recommendation/ consent of the Principal for transfer / termination of articleship accompanied by evidence/proof (self-attested by the articled assistant) to the satisfaction of the Institute be made. Request for transfer not accompanied by consent of Principal shall not be accepted.

In case of dispute between principal and articled assistant, the matter be settled amicably among the articled assistant and the principal concerned and the Institute shall not interfere in such cases.

21 September 2013 CA Articleship: How to perform well and succeed_Part-I


Dear All,

Please find below few tips in my style regarding how to perform well during CA Articleship. Hope these tips would be off some help during your tenure as an article assistant. This article is completely based on my personal observation and no reference taken from anywhere.

1. First understand the concept of articleship and analyse the need to introduce the system of articleship in Chartered Accountancy course.

2. Calculate the necessity of articleship in your life keeping in view your future growth. This calculation is possible only if you follow point no. 1 honestly.

3. After doing UNC analysis [Understand + Need to introduced + Calculate] in accordance with point No. 1 and 2, decide your future course of action i.e. level of seriousness, mental involvement and commitment during your tenure as an article assistant.

4. Keep one “observation diary” with yourself. Note down all the important observations made during your articleship period.

5. As per my personal understanding some special observations, which can play the decisive role in shaping your career as Chartered Accountant, include the following:

i.) Overall attitude of your learned Principal and senior staff.
ii.) Approach of your principal towards clients.
iii.) Adoption of new amendments by your firms along with their successful implementation.

6. Try and interact more and more with your learned seniors. More interaction with your seniors and Principal will help you to gain confidence and improve your personality along with ability to deal with any kind of catastrophe situation.

7. Give more importance to your career as a successful Chartered Accountant along with continued future growth instead of your personal ego or office politics.

8. Keep yourself updated with latest amendments. If you follow this suggestion honestly then am sure that this point will surely reflect your strong attitude towards professionalism and your desire to a part of prestigious ICAI.

9. The best method to win the confidence of your Principal and other learned seniors is to work very hard with utmost sincerity and dedication. Always follow your ethics and maintain the hard work.

10. Always remember that articleship is a great and once in a life time opportunity directly connected with your future growth and enhancement of your knowledge and other professional skills. So make full use of this great opportunity.

11. Let me tell you one of my experience cum source of my tiny knowledge -Five years back my first boss told me this renowned saying “I learnt because I wanted my boss to teach me” and believe me friends rest is a history. I hope you got the message.

12. Stay away from any kind of office politics and do not engage yourself in useless activities like gossiping etc. as this would be seriously considered as waste of your and firm’s precious time. Always remember time is money.

13. Try, understand and observe the true meaning of -- Discipline in your work + corporate etiquette + positive approach and adopt this meaning to convert yourself in to a super human being and a true professional.

14. Always remember you guys are future professionals so there is no need to take the things personally and follow the policy of “just move with the flow”. Dil pa mat la yaar…

15. Always prefer and maintain good, healthy and long lasting relations with everyone i.e. with your Principal, client or fellow professional. This is one of the essential pre-condition to be a successful professional.

16. Try, improve and workout on your communication skills, dressing sense and ability to learn things quickly. Kindly consider all these things very important in order to make yourself adaptable with corporate environment.


I’ll share some more points later on and for the second part of this article am planning to take inputs from my seniors and fellow members. Awaiting your kind response on the above mentioned points.


Best Regards
Ankur Garg


21 September 2013 You are requested to explore the links given below to locate CA Firms for articleship near your place. Please go through the given links as they are really useful:

http://caknowledgeclub.com/caauditfirms.php

http://caknowledgeclub.com/vacancies_search.php


Regards
Ankur Garg



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