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Eligibility for ca final examination

11 April 2014

"The candidate must have completed the practical training as is required for admission as a member or is serving the last twelve months of practical training on the first day of the month in which the examination is scheduled to be held" https://www.icai.org/post.html?post_id=650 What does this mean?

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Sathish M (Management Accountant) (40581 Points)
Replied 11 April 2014

3.1 Eligibility

1.    The candidate must have passed the Intermediate/ PE-II Examination.
2.    The candidate must have obtained Final Course registration number from Board of Studies Section of the concerned decentralized office of the Institute after passing the Intermediate/ PE-II Examination.
3.    The candidate must have completed the practical training as is required for admission as a member or is serving the last twelve months of practical training on the first day of the month in which the examination is scheduled to be held: and

NOTE:
The candidate is advised in his own interest to satisfy himself/herself that he/she is re-registered immediately for training for the excess leave period if any, as on the date of filling up the examination form and before the commencement of examination (as applicable). In other words a candidate must have either completed the training or must be in service as on the first day of the month in which the examination is to be held and the balance period of training must not be more than twelve months including excess leave, if any.

In short, this provision is applicable only to Intermediate candidates of old syllabus and PE II candidates.