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Transfer of Articleship in big 4

Aditya Jain (Final (New) November 2011) (763 Points)

29 May 2009

I've been lucky enough to get a chance to continue my articleship in a big 4 firm after exams till june 12 ? Wont the institute allow me considering that it would do good to a career of a CA prospect (future member of ICAI) . let it not be the other firms but atleast in big 4 should be allowed . What do you guys think ?

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9 Replies

CA CS Akashdeep Singh (Practicing CA) (1394 Points)
Replied 29 May 2009

i think no...bcoz one of mine friend submit their transfer form in institute but ICAI reject their transfer......

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Aditya Jain (Final (New) November 2011) (763 Points)
Replied 30 May 2009

didyour friend also had an opportunity to transfer to a big 4 ?

Rajan Gupta (C.A. final student) (277 Points)
Replied 30 May 2009

No way... I had got the same opportunity but the firm is not taking transfer cases from now on...

The institute doesn't care at alll..... The motto of the institute is " Once you register as a CA student we don't care----GO TO HELL....."

sO they won't accept your transfer....

Try for secondment for one year and then go for 1 year industrial training... This will serve your purpose....

Aditya Jain (Final (New) November 2011) (763 Points)
Replied 30 May 2009

What is the exact meaning of Secondment ? Does it mean that i shall work in the big 4 without taking termination from my current auditor ?

Aditya Jain (Final (New) November 2011) (763 Points)
Replied 30 May 2009

Do we have to register with the institute for Secondment or we can just start working with the other firm without informing or submitting any form to the intitute ?

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Mayank kharbanda (Risk Advisory Services) (409 Points)
Replied 30 May 2009

Refer the link given below :-

https://www.icai.org/post.html?post_id=788

There is a slight confusion in it.....on ICAI's website (regulation 54) it is written that no intimation is required to be given to the institute but once u see da form u can c that there is a space for official stamp..........

Rajan Gupta (C.A. final student) (277 Points)
Replied 30 May 2009

Dear aditya,

Take a printout of the above link that mayank sent you. It is your line of defense if anything happens in the future. Relax

"Don't miss the opportunity"

Cheers

CA CS Akashdeep Singh (Practicing CA) (1394 Points)
Replied 30 May 2009

No his case was different....his change the city......dat why he need transfer...but icai reject their application

Mayank kharbanda (Risk Advisory Services) (409 Points)
Replied 31 May 2009

take secondment and don't inform da institute about it.....and on being asked by ur current principal tell him dat no intimation is required to be given to the insti as it is written on da website....