6 Replies
CA-CWA RAVI
(CA-CWA in industry)
(5464 Points)
Replied 26 February 2010
yes you are eligible do industrial traning for one year then take 2 or 3 months leave however whole leave during ur articleship should not exceed the limit specified by the institute.
M.SURABI
(CA Final)
(33 Points)
Replied 01 March 2010
so if i get opportunity now i can opt for it n i dont have 2 wait further for 3 months
CA Anurag Garg
(Chartered Accountant)
(339 Points)
Replied 01 March 2010
no u cant take industrial training. ind training can be taken only in last year i.e. in last 12 months n not yet
CA Anurag Garg
(Chartered Accountant)
(339 Points)
Replied 01 March 2010
Regulation 51∗: [as amended by the Chartered Accountants (Amendment) Regulations,
2001] Industrial Training – for Articled Trainee
(1) An articled assistant who has passed the Professional Competence Examination or
Professional Education (Examination–II) or Intermediate examination under these
regulations may, at his discretion, serve as an industrial trainee for the period specified in
sub-regulation (2) in any of the financial, commercial, industrial undertakings with
minimum fixed assets or minimum total turnover or minimum paid-up share capital as
may be specified by the Council or such other institution or organisation as may be
approved by the Council from time to time:
Provided that the articled assistant has intimated to his principal his intention to take
such industrial training at least three months before the date on which such training is to
commence.
(2) The period of industrial training may range between nine months and twelve months
during the last year of the prescribed period of practical training.
(3) The industrial training shall be received under a member of the Institute. An Associate
who has been a member for a continuous period of at least three years shall be entitled
to train one industrial trainee at a time and a fellow shall be entitled to train two industrial
trainees at a time, whether such trainees be Articled Assistants or Audit Assistants.
(4) An agreement of training shall be entered into in the form approved by the Council.
(5) On satisfactory completion of the industrial training, the member training the industrial
trainee, shall forthwith issue to the trainee a certificate in the form approved by the
Council in respect of the training undergone under him and forward a copy thereof to the
Secretary.
(6) The period of industrial training referred to under this regulation, shall be treated as
service under articles for all purposes of these Regulations, provided the certificate
referred to in sub-regulation (5) is produced.
M.SURABI
(CA Final)
(33 Points)
Replied 04 March 2010
ok.. but during indust training can v take leave or not??
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