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Articleship query for pe2 student

mayur (Ca final student) (141 Points)

23 October 2009

Pls tell me , whether pe2 articleship can be started after clearing grp1 ?pls tell me its urgent !

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9 Replies

mayur (Ca final student) (141 Points)
Replied 23 October 2009

What are option available to to start my articleship ?

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CA GIRISH (Chartered Accountant) (1796 Points)
Replied 23 October 2009

SORRY TO SAY BRO.YOU CAN NOT START YOUR ARTICLESHIP UNLESS YOU CLEAR BOTH THE PE2 GROUPS.ITS VERY SAD AND VERY TIME CONSUMING AS IF WE FAIL TO CALEAR THE EXAM OUR FINAL ATTEMPT IS DELAYED BY 6 MONTHS.....CALCULATING THE LOSS

AN AVERAGE CA EARNS 30000 /MONTH.AS WE FAIL IN PE2 FINAL ATTEMPT IS DELAYED BY 6 MONTHS...THE OPPORTUNITY COST OF THE SAME WOULD BE 30000*6=1,80,000

SO KEEP STUDYING HARD

BEST OF LUCK

CA Suri Kota (Assistant Manager @ EY) (955 Points)
Replied 23 October 2009

hey i think........if u can change to IPCC...........you can start....jus enquire with ICAI regional office............

CA GIRISH (Chartered Accountant) (1796 Points)
Replied 23 October 2009

thats a different scheme entirely..in that u can start ur articles after clearing 1st grp.unlike pe2

CA Suri Kota (Assistant Manager @ EY) (955 Points)
Replied 23 October 2009

Hey.....one of my frnds who passed one grp in PE II .converted to PCC..if i am not wrong...........he is doing his articles evn............bette to enquire with ICAI.........

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CA GIRISH (Chartered Accountant) (1796 Points)
Replied 23 October 2009

thats compeletely true...but if u continue pe2 u got no option....

CA Suri Kota (Assistant Manager @ EY) (955 Points)
Replied 23 October 2009

yea ofcourse..........if once converted to PCC........wher is the question of PEII again............

Shashi Bhushan (Learner, Jalandhar) (996 Points)
Replied 23 October 2009

convert to PCC then you will be able to start articleship. because under PCC system training can be started after doing CPT. so convert it to PCC. as much i think converting to IPCC means you won't get benefit of group you have cleared. but if you convert to PCC you need not to appear in that group.

also check wheather converting to PCC is available or not because PCC system is closed.