CWA with CA

This query is : Resolved

Manmohan ACA, CS (Querist)
Follow

12 March 2009 It is necessary to start practice for CWA before appearing for CWA final exam under new course.
If is it so, no CA student can pass CWA final as he is already undergoing CA article ship and hence he can not join the CWA article.
I am confuse
Provide me explanation
Regards……………..!

CMA KNVV Sri Vidya - Sri Kanth

CMA KNVV Sri Vidya - Sri Kanth (Expert)
Follow

12 March 2009 if u want to keep a practice as a cost accountant
ur required to do the articles under ICWAI

if not write the exam for icwai final
its enough
u can have the mearks sheet to get a job.
articles is required only when ur thinking to keep a practice or else not required

CMA KNVV Sri Vidya - Sri Kanth

CMA KNVV Sri Vidya - Sri Kanth (Expert)
Follow

13 March 2009 Dear Manmohan

to get the certificate as a cost accountant
u are required to do articles.

but being a chartered accountant
v need not require to be a practice under ICWAI

so u will be havin a mark sheet that u had passed ur ICWAI its enough

but its not compulsory that u should appear articles before final

only if u require certificate as a ICWAI u need to go articles

Upgrade to CAclubindia Pro. Subscribe Now!

Manmohan ACA, CS

Manmohan ACA, CS (Querist)
Follow

13 March 2009 respected madam
i am taking abt ICWAI new regulation in which it is compulsory to join article before final.
can you provide me appropriate link or quote me text in support of your suggestion.

Regards..............!

CMA KNVV Sri Vidya - Sri Kanth

CMA KNVV Sri Vidya - Sri Kanth (Expert)
Follow

18 March 2009 Go through the link

http://www.icwai.org/icwai/students-faq-trg.asp

23. What would happen if I am not able to complete the full period of 3 years as trainee by the time I pass final examination to complete course of ICWAI?

Ans. You shall be issued pass Mark sheet or statement. The Certificate of Final pass will be kept on hold, till completion of full period of 3 years as trainee.

CMA KNVV Sri Vidya - Sri Kanth

CMA KNVV Sri Vidya - Sri Kanth (Expert)
Follow

18 March 2009 6. When can I be exempted from undergoing practical training of 3 years?

Ans.

You will get exemption from undergoing practical training equivalent to your working experience in the Organizations listed below provided you are working/worked in the recognized areas listed below:

Organizations recognized for Training: (i) Central/State Government / Semi-Government / Public Utilities (ii) Banks and other Financial Institutions (iii) Insurance Company (iv) Public Sector Unit (v) Public Limited Company (vi) Private Limited Company (vii) Information Technology Sector (viii) KPO / BPO (ix) Stock Exchange (x) Universities, Management Institutes and any other educational institute (xi) Limited Liability Partnership Firm (xii) Management Consultancy Firms (xiii) NGO (xiv)Co-operative societies engaged in Banking or Manufacturing and (xiii) Any other institution as approved by the Council from time to time

Recognized areas for Training: (i) Cost Accounting (ii) Financial Accounting (iii) Financial Management (iv) Auditing (v) Regulatory compliances (vi) Direct Taxation (vii) Indirect Taxation (viii) Corporate Laws, Industrial Laws and Commercial Laws (ix) Systems Analysis and Information Technology (including ERP system) (x) Project Management (xi) Banking Operations (xii) Insurance (xiii) Valuation (xiv) Financial Services (xv) Teaching in Finance, Accounts, Costing, Taxation, Management and subjects covered in ICWAI Syllabus (other than visiting faculty) (xvi) Management Consultancy Services (xvii) Any other areas approved by the Council from time to time.