Want to do CS alongwith CA

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 December 2010 Respected experts
I am a CA-Final student and undergoing articleship from past 4 months. I am also interested to do CS alongwith CA.Some of my friends suggested me to start CS now so as to save your time.
But my query is how to do compulsory training
in CS alongwith articleship?
Should i have to wait till completion of my articleship.
Please suggest me what to do and also for my friend who is pursuing b.com alongwith CA and already filled form-112 for b.com(correspondence)
Thanx in advance

Ajay Mishra

Ajay Mishra (Expert)
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08 December 2010 Hi

PURSUANCE OF OTHER COURSE OF STUDIES
With the permission of the Institute a student can pursue one course of study at a time. A student has to submit application in Form No.112 to the appropriate Regional Office of the Institute seeking permission to pursue other course of study within one month of joining the college/ course. The office shall grant permission within one month from the date of receipt of Form No.112. The students currently undergoing graduation or other course under general permission, which was given for the articled assistant to pursue graduation course, is withdrawn; therefore should obtain the permission within six months of issuance of new guidelines. The students shall, however, be permitted to complete the academic session/year currently undergoing and switch over to correspondence courses or institutions where no classes are conducted between 11.00 a.m. and 5.00 p.m. on any working day. The certificate portion in Form No.112 indicating college timings etc. shall be countersigned by the Principal of the college with the seal and stamp of the college and also indicating the telephone number and full address of the college.
In the event of breach of these guidelines and not taking permission as required, the articles already undergone shall be derecognised for such period as the Institute may decide. In case an articled assistant is found not undergoing articles in the manner prescribed, he shall be debarred from appearing in the exam up to 3 consecutive exams besides cancellation of such period of articles. The concerned member who allowed him to be such an articled assistant be subject to punitive action besides withdrawing either partly or fully his eligibility to train articled assistant. In Peer Review, the Reviewer be required to verify whether training is imparted to the articled assistants in the manner prescribed.

Best Regards

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Ankur Garg

Ankur Garg (Expert)
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08 December 2010 For graduation there is no need to file form 112 as the same is freely allowed with CA.

However for doing another professional course with CA you have to file form 112 to intimate ICAI.

Regards

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Ankur Garg

Ankur Garg (Expert)
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08 December 2010 PERMISSION TO STUDY OTHER COURSE

The articled / audit trainee cannot pursue any other educational or professional course during the period of articleship training except with the prior permission of the Institute.

Permission may be granted to an articled / audit trainee for pursuing one additional course of study at a time during the period of practical training.

However, the Council has granted general permission to trainees to pursue graduation course concurrently with Chartered Accountancy Course by students who have passed the Foundation Examination, as under :-

(i) That articled/audit assistants having joined the CA Course after passing the Foundation Examination shall generally be permitted to pursue graduation course concurrently with the CA Course without obtaining specific previous permission of the Council under Regulations 65 and 78.

(ii) That an articled/audit assistant pursuing graduation course concurrently with the CA Course shall not be permitted to join any other course until he/she completes his/her graduation course.

(iii) That for pursuing any other course of study (other than graduation course) the previous permission of the Council through filing of form 112 shall have to be obtained by the articled/audit assistants in accordance with Regulations 65 and 78.

Form 112 is required to be submitted within 30 days of joining the course with the recommendation of the principal, failing which you have to go for condonation of delay in non-submission of form.

Thanks

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Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2010 But sir what if form 112 has been already submitted for graduation. Can he submit form 112 again for CS and what will be the consequenses if he starts his CS without filling form 112

Ankur Garg

Ankur Garg (Expert)
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11 December 2010 Hi,

No form 112 was required for graduation. So ICAI should not consider your previous form seriously. So this is the right time to file form 112. According to me ICAI should accept your form 112 this time.

Further there is no limit on submission on form 112.

Starting CS without filing form 112 is not advisable at all.

All the Best

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