Is is better to do Industrial Training as compared to do articleship from a small firm..
please siggest, and please giude for the companies for Industrial Training..
18 Replies
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 06 June 2009
It is better but in any case industrial training can be for minimum period of 9 months to a maximum of 12 months...
You will anyhow have to do at least 2 yrs of Articleship in an audit firm..
Regards
Madhumita
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 06 June 2009
Many companies give industrial training, the big ones being ITC, Reliance, and almost all the banks including ICICI, HSBC, PNB, UTI, HDFC, Yes Bank, etc...
Regards
Madhumita
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 06 June 2009
Also PWC, KPMG and Delloite give industrial training,, Well I don't know about E&Y but i believe it may also be giving...!!
ajay agrawal
(CA-Final Nov 10)
(129 Points)
Replied 06 June 2009
thanks Mam.
I hav completed my 2 and 1/2 year of africleship.
tell me one more thing how to know which company has vaccancy..?
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 06 June 2009
Ok... I thought you are a fresher...
Well, that is a very difficult thing to say..
All i can say it u may find it in the related company's site. Also you may get some information from the notice board of the regional branch of ICAI.
Many companies keep posting their articleship and trainee requirements on that notice board...
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 06 June 2009
But one thing, if u have already completed 2.5 yrs of articleship, why do you want to go for industrial training?
I mean, in any case you will have to register for another 9 months, so you got to do training for 3 months extra and moreover, it is not true that the company will absorb you after 9 months.
ajay agrawal
(CA-Final Nov 10)
(129 Points)
Replied 06 June 2009
No Mam, actually I came through CPT-PCC and now final, so I am registered for 3 and 1/2 years of articleship.
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 06 June 2009
oh... fine then you can surely go for industrial training..
But remember one thing, don't take transfer from your existing firm on just selection..
Take transfer only when u get the date of joining in the latter.. As something of this kind has happened to a member of CAClub.. and that too the related company was none other than KPMG.. Just go through the forum titled "KPMG has ruined my life"
Feel free to ask for any suggestion.
Regards
Madhumita.
ajay agrawal
(CA-Final Nov 10)
(129 Points)
Replied 06 June 2009
Ya, I alredy went through that article..
the concerned person should be fired, or KPMG's name should be blaclisted for 7 days in caclubindia site..
thank u for the info mam..
I will as something more to u regarding preparation for final etc..
right now, I hav to leave..
thanks again..
nayana
(N.A)
(216 Points)
Replied 08 June 2009
can any one tel me what are the rules of industrial training ,how and at what time we can aply for it
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 08 June 2009
industrial training is for a minimum period of 9 months to a max of one yr... during the last year of your articleship.. how to apply you would understand if you read the above discussion.....
Regards
Madhumita
santhosh
(Student)
(1174 Points)
Replied 23 June 2009
Whether we can terminate after two years of articleship for joining for Industrial training..... I came through PE-II and my exam due on May 2010.....
Nitesh Bhandari
(Ca Finalist Articled Trainee)
(93 Points)
Replied 07 November 2010
Dear Madhumita
Just wanted to confirm - if KPMG is on the list of accredited for industrial training since i dont find the name of the institution on the institute's website.
Please confirm
Thanks in Advance.
Narayan
(Ca Final Student)
(31 Points)
Replied 14 December 2010
if my employer is not allowing me to do Industrial training then what are the steps that i should follow???? my employer is saying that if i undergo industrial training then his office work will be hampered and for his work he is not allowing me.... please help
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