Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

I am confused plz help!!!!!!

CA CS.ANKUR (CMA-FINAL) (271 Points)

24 January 2012

Hiii friends i cleared my CA Final exam this november 2011 and i also gave CWA Inter exam in dec 2011. Now i am planning to go in job and i have some questions in mind in which i am confused:

(a) whether training of CWA can be started in Company?

(b) If yes then whether i can start it before declaration of CWA results or i have to wait for result?

(d) what is modular training and when to start such training?

Reply
Follow
Share

12 Replies

(Guest)

a. you can start practical training at any time after registration, and company must have turnover exceeding 5 crores, and nature of business must be as in the list of institutions provided by the institute:

Organizations recognized for Training: (i) Central/State Government /

Semi-Government / Public Utilities (ii) Banks and other Financial Institutions

(iii) Insurance Company (iv) Public Sector Unit (v) Public Limited Company (vi)

Private Limited Company (vii) Information Technology Sector (viii) KPO / BPO

(ix) Stock Exchange (x) Universities, Management Institutes and any other

educational institute (xi) Limited Liability Partnership Firm (xii) Management

Consultancy Firms (xiii) NGO (xiv)Co-operative societies engaged in Banking

or Manufacturing and (xiii) Any other institution as approved by the Council

from time to time

Recognized areas for Training: (i) Cost Accounting (ii) Financial Accounting

(iii) Financial Management (iv) Auditing (v) Regulatory compliances (vi) Direct

Taxation (vii) Indirect Taxation (viii) Corporate Laws, Industrial Laws and

Commercial Laws (ix) Systems Analysis and Information Technology

(including ERP system) (x) Project Management (xi) Banking Operations (xii)

Insurance (xiii) Valuation (xiv) Financial Services (xv) Teaching in Finance,

Accounts, Costing, Taxation, Management and subjects covered in ICWAI

Syllabus (other than visiting faculty) (xvi) Management Consultancy Services

(xvii) Any other areas approved by the Council from time to time.

b. no need to wait for results

Note: Before appearing for final exams, you should finish atleast 6 months of training..

What documents are to be submitted

in support of undergoing Training with

the empanelled Organization?

The following Documents should be sent to Delhi Office within 45 days from

the date of joining an organization towards registration of training period:

1. Letter from Organization engaging Student as Cost & Management

Trainee;

2. Attested copy of Form T2 duly verified by the respective Regional..(T2 form is attached)

Council/ Chapter mentioning receipt of requisite Training Registration

Fee from the student claiming exemption;

3. Original applicable Deed (to be executed by employer and trainee)

d. modular training... its after passing final exams.. its for 15 days

For more details.. https://www.icwai.org/icwainew/docs/FAQ/Student-Faq.pdf

faqs on practical training https://www.icwai.org/icwainew/docs/FAQ/Training_FAQ.pdf

Attached File : 8607 915280 practical training form t2 .doc downloaded: 135 times

3 Like

Upgrade to CAclubindia Pro. Subscribe Now!

CA CS.ANKUR (CMA-FINAL) (271 Points)
Replied 24 January 2012

THANX HARINI FOR SHARING SUCH VALUABLE INFORMATION BUT I HAVE ONE DOUBT ABOUT MODULAR TRAINING.............I HEARD THAT MODULAR TRAINING IS DONE BEFORE APPEAR FOR FINAL EXAMINATION TO TAKE COACHING COMPLETION CERTIFICATE AND YOU SAID THAT IT IS DONE AFTER CLEAR FINAL EXAM......SO TELL ME WHETHER YOU ARE CONFIDENT THAT MODULAR TRAINING IS DONE AFTER CLEAR FINAL EXAM?

(Guest)

For quesn. b.. you can start pract trng, at any time after registration for inter, no need to wait for results... as per modular trng..check the faqs file in the above link, its given that mod trng is after final exams..., I am sorry, I dont know or I am not sure whether trng can be taken before Final.., As per the faqs, industrial training is must before appearing for final two groups..

dont know more than this, as right now I am still ICWA group I student..:-)

All the best to you..

Nitin (ICWAI) (39 Points)
Replied 02 February 2012

Hi, Recently I have enrolled for CWA Inter Postal coaching for Jun'12 exam. Now I have to give Group Discussion & Business Communication.

I Would like to know the nature of this GDBC & full process of registration.

Some are telling that we have to select 1 topic each from Group I & II & discuss in front of expert. For Business Communication, the expert gives 1 topic.

Can anyone help me out in this?

(Guest)

As per my knowledge, Regional council will send a letter to you, informing date and venue for GDBC, its one day programme, probably on sundays, You need to attend two such programs to get eligibility to give exam for two groups.. or one program for one group.

about topics, mostly they ask general topics, not regd subjects.. (This I am telling based on my experience, dont know whether any changes in there)

regd fees, its already included in Regn itself.

Try to call your RC after feb 10th, they may tell the dates..

All the best to you.

Upgrade to CAclubindia Pro. Subscribe Now!

john_laphadi (Accounts-Executive) (196 Points)
Replied 04 February 2012

Guys.. it has been requested to visit icwai website for correct info. abt training & all other stuffs because ins't made amendmends in recently regarding practical & modular training.. thanks J_Laphadi

1 Like

(Guest)

agree with john, need to check ICWAI.org, for latest developments, few changes been made regdpractical training..

Nitin (ICWAI) (39 Points)
Replied 06 February 2012

Thanks Harini & John !!!!

I have given my GDBC for Group I. Now would like to know Suggested Books for 3 subject of Group 1.

Because I have not joined any coaching classes.

I am confident to complete this.

Plz suggest me books for Group 1 Subjects from whom I can easily complete My Inter

john_laphadi (Accounts-Executive) (196 Points)
Replied 07 February 2012

In group- I

you may refer

Accts - study mat

law - N.D.Kapoor

D.T - Girish Ahuja

conclusion : - you can refer above books for clearing concepts & doing practical question more..but one should not leave inst't study mat , scanner & RTP for hedging 100 %

Thanks

J_Laphadi

1 Like

Viren D. Thakker (CMA Final) (174 Points)
Replied 09 February 2012

Hi Ankur,

Modular Training is training on the subjects which are there in Final CWA exams. These lectures will be conducted on sundays. You need to attend these lectures as these are required to appear for Final exams. These lectures will be held before Final exams. Around 15 lectures are there. So 3 months before exam dates the lectures will be onducted. You have to inquire about this with the institute personally.