Articleship leave

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 November 2013 Hello,
My friend is going to write CA Final exam this May 2014.
So, he is going on leave for studying from January 1 on wards. But, his boss said him that only 2 months leave is permitted as a part of studying for final exam and he'll have to do the excess days i.e, 2 months articleship extra after termination date.
The total number leave he availed as of now is below 25 days.
Kindly help me with this and suggest whether there is any such rule.

29 November 2013 General leave eligible for exams was 3 months in total 3 years of articleship,,out of this if you took any leave for ipcc exams it will get reduced..
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if student have more eligible leaves he can take more leave at the sanction of boss
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format example for how to caluculate leave eligibility
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An article completed 3 years of articleship till now. So,

Total working days: 365*3 = 1,095 days
Leaves Taken so far = 100 days
Actual period Served = 995 days
Leaves Earned = 1/6th on 995
= 165 days
Leave entitled (subject to sanction of leave by your Principal)
= 65 days (165-100 days)

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29 November 2013
it is completely at the descrition of boss to give exam leave..however after completing 3 years if you caluculate leave eligible as above if excess leave taken is came on your computation you have to serve for this excess leave only


29 November 2013 Agree with expert.

29 November 2013 His Boss is right. So If you taken leave which is not permitted by your principal will be counted as leave.

LEAVE

The trainees earn leave at the rate of one - sixth of the period actually served by them. Leave due shall ordinarily be granted, if reasonable notice has been given to the Principal by the trainee. In order to prepare for the examinations of the Institute, the trainees shall be granted leave for two months or to the extent of leave due, whichever is less, provided an application for the leave has been made at least 15 days in advance. The days on which a trainee appears for the examination conducted by the Institute (including holidays) are counted as a period on duty. Regulation 59 regarding leave to an Articled Assistant and Regulation 74 regarding leave to Audit Assistant.

A trainee shall be treated on duty for a period of 20 days for undergoing 100 Hours Information Technology Training and for appearing in 3 hours online examination for the said programme. The Principal should also encourage trainees during the practical training to attend conferences, seminars,etc., relevant to the chartered accountancy course. Regulation 59(7) specifies that the attendance by a trainee, with the consent of the principal, at a conference, course or seminars organised by the Institute, including a Regional Council or a Students’ Association or a Branch of a Regional Council for the benefit of students, is treated as a part of the training period actually served.

The details of the Seminars/Conferences attended by the student should be submitted to the Institute alongwith the Diary /Summary Report of Diary on completion of the Training period. A trainee who takes leave in excess of the leave to which he / she is entitled is required to serve for a further period equivalent to the excess leave taken by him / her.




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