calculation of articleship days

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 November 2010 Hello to all of you.

I am pcc student i have completed my articleship training almost of 3 yrs.

Now i want to calculate my exact completed training and how much remaining.

So can any one help me HOW TO CALCULATE NO. OF WORKING DAYS & LEAVES WHICH IS ALLOWABLE BY ICAI.

Thanking you

22 November 2010 Kindly refer Regulation 59 of CA Regulation.

FYI

59. Leave to an articled assistant
(1) An articled assistant shall earn leave at the rate of one-sixth of the period for which he has
actually served, excluding from such period the period for which he has been on leave subject
to a maximum of 180 days.
(2) An articled assistant who has served as an audit assistant before the commencement of his
articles shall, in addition to the leave earned under this regulation, be entitled to leave equal to
one-half of the leave earned and not availed of as an audit assistant, subject to a maximum of
three months.
(3) Leave due shall ordinarily be granted if reasonable notice has been given to the principal by the
articled assistant.
(4) For the purposes of preparing for an examination of the Institute, the articled assistant shall be
granted by the Principal leave for three months or to the extent due, whichever is less, provided
an application for the leave has been made at least fifteen days in advance.
(5) Leave not earned may also be granted by the principal subject to the condition that the total
leave to be taken by the articled assistant shall not exceed one-seventh of the total period of his
actual service, together with the leave due under sub-regulation (2).
(6) Notwithstanding anything contained in the foregoing sub-regulations, the principal shall allow
the articled assistant to receive training in the Territorial Army, the Home Guards or any similar
organisation approved by the Council and shall treat the period of such training not exceeding
sixty days in a year, as period actually served under articles.
(7) For the purpose of this regulation, the days (including intervening holidays) on which an
articled assistant appears for any examination under these Regulations or attends a course of
academy of accounting conducted by the Institute and recognised by the Council in this behalf,
shall not be treated as leave but would be treated as period actually served under articles.
Manual for Members
121
Explanation- (1) For the removal of doubts, it is clarified that attendance by an articled assistant with the
consent of the principal, at a conference, including course on Information Technology Training and
course on General Management & Communication Skills or seminar organised by the Institute including
a regional council or a students association or a branch or a regional council for the benefits of assistants,
shall be treated as period actually served under articles.
(2) An articled assistant who has secured admission in a course at an academy of accounting
conducted by the Institute shall be relieved by the principal, without termination of articles, for
attending the academy, provided he has given notice of not less than two months of his intention to
join the academy.
60. Working hours of an articled



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