Ca articleship

(Guest)

Contact the decentralised office of SIRC.

dinesh (ipcc) (23 Points)
Replied 20 February 2012

how to register for articlship

Ajay Mishra (Company Secretary) (74337 Points)
Replied 20 February 2012

Hi Faizal,

Contact to the follwing:

Southern India Regional Council of The Institute

of Chartered Accountants of India,

ICAI BHAWAN, 122, M.G. Road,

Post Box No. 3314, Nungambakkam,

Chennai – 600 034

Phone: 044 – 39893989, Fax: 044 – 30210355,

E-mail: sro @ icai.org

Ajay Mishra (Company Secretary) (74337 Points)
Replied 20 February 2012

Hi Dinesh,

Please take into account the following points for articleship trainig :

What is the enabling regulation for articled training?

A student has to undergo articled training along with theoretical education (namely, Professional Competence Course, Final Course) under Regulation 50 of the Chartered Accountants (Amendment) Regulations, 2006.

What is the practical training?

The unique requirement of practical training is instrumental in shaping a well–rounded professional to ensure that students have an opportunity to acquire on–the–job work experience of a professional nature. Such a practical training:

· Inculcates a disciplined attitude for hard work;

· Develops necessary skills in applying theoretical knowledge to practical situations;

· Provides exposure to overall socio–economic environment in which organisations operate; and

· Develops ethical values.

The entire period of practical training can be served with a practising member or it can be served partly with a practising member and partly in an approved industrial establishment as an Industrial Trainee. The period of such industrial training may range between 9–12 months during the last year of the prescribed period of practical training. Only students of Final Chartered Accountancy Course are eligible for Industrial training.

What is the eligibility for admission to articled training?

Under Regulation 45 of the Chartered Accountants (Amendment) Regulations, 2006 a person who –

· has passed the Professional Education (Examination – II) under these regulations; and has successfully completed 250 Hours Compulsory Computer Training or 100 Hours Information Technology Training Programme is eligible to join articleship training.

· in addition, a person who has passed Common Proficiency Test held under these regulations and also 10+2 examination conducted by an examining body constituted by a law in India or an examination recognized by the Central Government as equivalent thereto; or has passed the Foundation Examination / Professional Education (Examination – I) under these regulations are eligible to admission to articleship.

What is duration of articled training?

It is 3 ½ years.

Should the training be completed before appearing in Final Examination?

Yes.

The training completion requirement has been divided into two parts:

(i) Articleship completion requirement to be eligible to appear in the Professional Competence Examination (PCE): A student should complete not less than 15 months as an articled assistant, 3 months prior to the first day of the month in which Professional Competence Examination (PCE) is held or 18 months of articled training as on 1st May/ 1st November, as the case may be.

(ii) Articleship completion requirement to be eligible to appear in the Final (New) Examination: A student should complete 3 ½ years of practical training prior to the first day of the month in which Final Examination is held.

What are the objectives of practical training?

Unique feature of the chartered accountancy curriculum is balanced approach towards theory and training by way of emphasizing commencement of the training at the beginning of the chartered accountancy curriculum and neither a stand–alone theory nor a practice without theoretical knowledge would make a professional successful. Followings are the objectives of the training:

(a) Developing skills in applying theoretical knowledge to practical situations

(b) Inculcating a disciplined attitude

(c) Imbibing due professional orientation

(d) Developing ethical values.

Is there any standard training programme?

A broad training programme has been given in the training guide. However, the Member In–Charge Training (MIT) / Principal will make a detailed assessment of the training environment and offer training scheme to the students in designing the training programme the MIT / Principal considers the following 4 components:

(a) Categories of Work Experience

(b) In–House Theoretical Training

(c) Development of Professional Attitude

(d) Phasing of Training Programme.

Referred to the training guide for various training modules which is not normally expected of a training programme but not necessarily a MIT / Principal will offer all such modules.

1 Like

dinesh (ipcc) (23 Points)
Replied 20 February 2012

what r the points to be considered for choosing a firm for articleship

S.ASWATH (Manager) (704 Points)
Replied 23 February 2012

Originally posted by : dinesh
	what r the points to be considered for choosing a firm for articleship

pallavi (student) (22 Points)
Replied 25 February 2012

i want to do job in one of the MNC after completeing my CA.i hv recently cleared both groups of IPCC in 1st attempt with 62.8% marks. i m totally confused whether to opt for articleship in Big 4 or in some other firms like S.S Kothari or S.N.B? pls tell me...........................

pallavi (student) (22 Points)
Replied 25 February 2012

i want to do job in one of the MNC after completeing my CA.i hv recently cleared both groups of IPCC in 1st attempt with 62.8% marks. i m totally confused whether to opt for articleship in Big 4 or in some other firms like S.S Kothari or S.N.B? pls tell me...........................

Ajay Mishra (Company Secretary) (74337 Points)
Replied 26 February 2012

Hi Pallavi

First of all congratulation for your achievement. Now, doing articleship in Big 4 is also a good for learning. if the articleship under above mention provide a good plateform for learning so you can go with him.

All the best..............

Regards