INDUSTRIAL TRAINING

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17 June 2011 WHAT IS INDUSTRIAL TRAINING ? IS IT SIMILAR TO ARTICLESHIP TRAINING ? WHAT IS THE BENEFIT OF DOING INDUSTRIAL TRAINING ?

CA Harish Suwalka

CA Harish Suwalka (Expert)
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18 June 2011 1. Who is eligible for undergoing
industrial training?
A student who has passed
Inter/PEII/PCE/IPCE and is serving last
12 months of his articled training

A student of Final Course can undergo industrial training for a maximum period of one
year and minimum period of 9 months, i.e. the period may range between 9 months and 1
year.

An articled assistant can take industrial training under a member of the Institute. An
associate who has been a member for a continuous period of at least 3 years shall be
entitled to train one industrial trainee at a time and a Fellow member shall be entitled to
train two industrial trainees at a time. There should be an agreement of industrial training
in Form No.104 which will be submitted to the concerned decentralised office within 30
days of the commencement of training. On satisfactory completion of industrial training
by an articled / audit assistant, the Associate / Fellow member under whom the industrial
training is received shall issue a certificate in Form No.105 in respect of the training
undergone and to be submitted to the concerned decentralised office within 30 days of
the completion of training. It is required to maintain details of work undertaken and
training received in the prescribed format.

for further details check this http://icai.org/post.html?post_id=784

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