Total leave during the articleship for a ca final student
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 November 2013
Dear sir,
I am a CA final's student and my exam is due in may 2014. hom many month i get for preparation legally as per institute rules.
i am not incash any leave. suggested
I am a CA final's student and my exam is due in may 2014. hom many month i get for preparation legally as per institute rules.
i am not incash any leave. suggested
11 November 2013
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.
For more details, go to the following link:
http://www.icai.org/new_post.html?post_id=813
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.
For more details, go to the following link:
http://www.icai.org/new_post.html?post_id=813
11 November 2013
normally CA firms give about 3 to four months for CA finals.
If you have not taken any leave till now, there should not be any problem.
If you have not taken any leave till now, there should not be any problem.
19 November 2013
As per ICAI it is 3 months.
In the BIG Fours and Mid-sized firms, you get for 4-5 months.
Average across India is 91 days or 3 months
In the BIG Fours and Mid-sized firms, you get for 4-5 months.
Average across India is 91 days or 3 months
19 November 2013
Santosh, as per ICAI, there is no rule. as per Big Four - which one give 4-5 months? I dont think EY does.
19 November 2013
LInk:
http://icai.org/post.html?post_id=792
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 day in advance.
http://icai.org/post.html?post_id=792
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 day in advance.
19 November 2013
ya...you are right about that...i stand corrected on regulation 59.
19 November 2013
Mr. Nikhil,
In Hyderabad, the following was the trend for the past one year:
Grant Thornton - 6 months
Deloitte and KPMG - 5 months
EY and PWC - 4 months
In Hyderabad, the following was the trend for the past one year:
Grant Thornton - 6 months
Deloitte and KPMG - 5 months
EY and PWC - 4 months
19 November 2013
well hyd doesnt speak for the whole country. EY as policy give only 105 days. rest 15 days are often granted by managers on their own discretion.
19 November 2013
generally, the 15 days are always available on account of unavailed compensatory leaves.
19 November 2013
NIkhilji,
Are you with EY?
Are you with EY?
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