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Transfer in articleship

CA Nazia Shaikh (student) (174 Points)

31 December 2012

Hi,

I registered for my articleship on 12/4/2012. Am I eligible for Nov 2014 exam?

I want to take a transfer, as my firm only does bank audits(concurrent) and stock audits only.

Is it advisable to take a transfer in my case?

If I want a transfer so how should I proceed?

Should I first get my transfer form signed by my principal or should I approach new firms and give interviews?

Will the new firms ask for a copy of the transfer form before recruiting?

Thank You.

Please reply soon.

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3 Replies

Vikash Kumar (Manager Accounts (CA. Final)) (694 Points)
Replied 31 December 2012

First take the permission of institute by applying for transfer duly signed by you and your principle CA.

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CA Himanshu Bansal (Risk Manager) (2345 Points)
Replied 31 December 2012

Originally posted by : the learner
	Hi, I registered for my articleship on 12/4/2012. Am I eligible for Nov 2014 exam? I want to take a transfer, as my firm only does bank audits(concurrent) and stock audits only. Is it advisable to take a transfer in my case? If I want a transfer so how should I proceed? Should I first get my transfer form signed by my principal or should I approach new firms and give interviews? Will the new firms ask for a copy of the transfer form before recruiting? Thank You. Please reply soon.

1. Ya, eligible for Nov, 2014

2. First find a firm for articleship, then only proceed for transfer with present firm. No permission is required from Institute as it is in your first year of articleship. In first year, one can take transfer without any restriction.

CA Nazia Shaikh (student) (174 Points)
Replied 08 January 2013

Hi,

I am working in a firm having bank and stock audits only. I get no exposure in audit, accounts and tax. Also I have to travel a lot for my work. The present situation for articles seems quite grim with many firms having no vacancies for articles. So is it advisable in my case to take a transfer? Please give your valuable advice as I have to make this decision before completing 1 year of my articleship.

Also can I apply to new firms only after getting a transfer from my old firm. OR Can I go to new firms and tell them that I am waiting for a transfer from my old firm.