Company Secretary
74352 Points
Joined March 2009
Articleship
Training
A student has to undergo
articled training for the period of three years along with theoretical education.
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. A person registered as an articled assistant is entitled to receive a
minimum monthly stipend as per the rates specified under the Chartered Accountants
Regulations, from time to time. The current minimum rates of monthly stipend payable,
depending on the situation of the normal place of services of the articled assistants,
are as follows:
|
Classification of
the normal place of
service of the articled assistants
|
Stipend payable
per month to articled assistant
|
|
During the first
year of training
|
During the second
year of training
|
During the remaining
period of training
|
|
1. Cities/Towns
having population of 20 lakhs and above
|
Rs. 1000
|
Rs. 1250
|
1500
|
|
2. Cities/Towns
having population of 4 lakhs and above but less than 20 lakhs
|
Rs. 750
|
Rs. 1000
|
Rs. 1250
|
|
3. Cities/Towns
having population of less than 4 lakhs
|
Rs. 500
|
Rs. 750
|
Rs. 1000
|