25 April 2017
Dear Sir,
I am having 4 years 6 months experience in CA Firm worked as a paid assistant. After dat 1 year Industry Experience in Automobile Industry in Accounting and Finance Area. Am i eligible for FCA?
03 May 2017
Admission as a Fellow Member [Section 5(3) Regulation 5(3)]
Requirement
An associate member is eligible for admission as a fellow member if he satisfies the eligibility conditions laid down under Section 5(3) of the Chartered Accountants Act 1949 and Regulation 5(3)1988.of the Chartered Accountants Regulations
Eligibility
An associate member will be admitted as a fellow member if he satisfies the following conditions: (a) Continuous practice within India for a period of not less than 5 years Or (b) He has been an associate member for a continuous period of not less than 5 years and has been in government service or is ordinarily holding or has held for a continuous period of not less than 5 years any one or more posts carrying duties relating to accounts, cost accounts, audit, finance, taxation, company law and /or secretarial work in :
an educational institution approved by the Council; or a private or government, industrial, commercial or trading undertaking having a minimum paid-up capital of Rs. 25 lakhs or a minimum turnover of Rs.50 lakhs or a minimum paid-up capital of Rs. 10 lakhs and a minimum turnover of Rs.30 lakhs employed under a statutory authority; or employed under a local authority having within its jurisdiction a population of not less than 5 lakhs during each of the five years of his service. A self declaration form is available in our website for the use of Members in Industry (c) Continuous service for a period of not less than 5 years as a full-time paid assistant under a practising Chartered Accountant or in a firm of such Chartered Accountants
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