CA PE-2 Students can do Articleship/Articled Training

CA Sanat Pyne (F.C.A. & M.COM) (20102 Points)

12 August 2010

CA PE-2 Students can do Articleship/Articled Training by passing one group in PE-2 and completing ITT : ICAI NEWS

Students who have initially registered for Professional Education (Course – II) and passed one of the

groups in Professional Education (Examination – II) can commence their articled training on

successful completion of Information Technology Training (ITT)

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Having regard to the hardship faced by the students of Professional Education (Course-II), the Council of the Institute of Chartered Accountants of India has decided to allow Professional Education (Course-II) students who have passed one of the groups in Professional Education (Examination – II) to commence their articled training under a eligible member of the Institute in terms of Regulation 45 (1) (b) (i) of the Chartered Accountants Regulations, 1988.

In view of the above, students of the following category of PE-II students can register and commence their articled training on switching over to Integrated Professional Competence Course (IPCC) subject to completion of Compulsory Computer Training (CCT) or Information Technology Training (ITT) as under.

Stream

Eligibility conditions to commence/ rejoin articled training

Registered in Professional Education (Course-II) either through graduate route or other wise and passed one of the groups in Professional Education (Examination-II)

1. Passed one of the groups in Professional Education (Examination-II)

2. Completed Compulsory Computer Training (CCT) or Information

Technology Training(ITT) and

3. Convert from PE-II to IPCC

Registered in Professional Education (Course-II) and then converted to Professional Competence Course (PCC) and thereafter to Integrated Professional Competence Course (IPCC)

1. Initially registered in PE-II course

2. Converted from PE-II to PCC

3. Switched over from PCC to IPCC

4. Terminated their articled training on conversion to IPCC

5. Passed one of the group in Professional Education (Examination-II)

and

6. Completed Compulsory Computer Training (CCT) or Information

Technology Training(ITT)

Note:

1. Articled registration fee is Rs. 2000/- to be paid while commencing articled training to the concerned Regional Office by way of Demand Draft drawn in favour of “The Secretary, The Institute of Chartered Accountants of India” payable at Mumbai, Chennai, Kolkata, Kanpur or Delhi as the case may be.

2. If student who was not completed Compulsory Computer Training (CCT), has to register for Information Technology Training (ITT). Registration fee for ITT registration is Rs. 2000/- is to be paid to the concerned Regional Office by way Demand Draft drawn in favour of “The Secretary, The Institute of Chartered Accountants of India” payable at Mumbai, Chennai, Kolkata, Kanpur or Delhi as the case may be.

3. Students have to pay separate fee of Rs. 4,000/- for undergoing ITT classes to the concerned Regional ITT centres or to the concerned ITT Branches.

Students who have passed one of the groups in Professional Education (Examination – II) will get paper wise exemption (NOT Group wise Exemption) in Integrated Professional Competence Examination (IPCE) and have to appear and pass remaining papers in IPCE under ‘Unit Scheme’ as given under –