14 March 2013
Hi Sir, I m CA Finalist and will complete 2.2 year of articleship by 15th April 2013 and want to apply remainig 10 m for industrial training but i want to do my industrial training after my exams in november 2013. So if i terminate my articleship by 15th April by filling 109 will i be eligible for exams as im Ipcc student and i guess eligibility requires 2.5 years of articleship so whats d solution for it?? whether i need to apply for industrial training immediately?? Please reply soon Thanking u in anticipation.
01 August 2024
Given your situation, here’s a detailed guide on how to manage your industrial training and ensure you meet the eligibility criteria for your CA Final exams:
### **1. **Understanding the Eligibility Requirements** - **Articleship Completion:** To be eligible for the CA Final exams, you must have completed the required duration of articleship, which is typically 2.5 years. This includes any time you spend in industrial training.
### **2. **Timing for Industrial Training** - **Post-Exam Training:** You can opt for industrial training after completing your CA Final exams. However, you need to ensure that you meet the total duration requirement for articleship, including any industrial training period.
### **3. **Procedure for Transitioning from Articleship to Industrial Training** - **Terminate Articleship:** You will need to terminate your current articleship by submitting Form 109 to the ICAI. This form informs the institute of the completion or termination of your articleship. - **Apply for Industrial Training:** After completing your articleship, you can apply for industrial training. You do not need to apply for it immediately; you can start the process after your exams.
### **4. **Ensuring Exam Eligibility** - **Completing 2.5 Years:** To be eligible for the CA Final exams, you must complete the required 2.5 years of articleship. If you complete 2.2 years of articleship by 15th April and then undertake industrial training, ensure that the combined total (articleship + industrial training) adds up to at least 2.5 years by the time you sit for your exams. - **No Immediate Need for Industrial Training:** If you complete 2.5 years of articleship before your exams (including the time in industrial training), you will be eligible for the exams. There is no immediate need to start industrial training before your exams, provided you meet the overall duration requirement.
### **5. **Steps to Follow** 1. **Complete and Submit Form 109:** Terminate your current articleship by submitting Form 109 to ICAI. 2. **Prepare for Exams:** Focus on preparing for your CA Final exams. 3. **Apply for Industrial Training:** After completing your exams in November 2013, apply for industrial training. You can apply to companies and organizations that offer industrial training positions. 4. **Ensure Compliance:** Make sure that your total training period (including both articleship and industrial training) meets the 2.5-year requirement.
### **6. **Additional Considerations** - **Check ICAI Regulations:** Review the ICAI guidelines for any specific rules or updates regarding industrial training and articleship requirements. - **Consult ICAI or Mentors:** If you have any concerns or need clarification, consult ICAI directly or seek advice from mentors or CA professionals.
By following these steps and ensuring that your total training duration meets the required 2.5 years, you should be able to proceed with industrial training after your exams and remain eligible for the CA Final exams.