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Delayed gmcs completion

Ram - The CMA, The ACS ( cma acs) (65 Points)

13 May 2013

I am in my first year of articleship.1 st year gets completed on july 29th , 2013.

Since i registered after may 1 2012, i have to compulsorily complete GMCS 1 within the first year of articleship.

There are 3 more batches left for which other students in my firm got registered well in advance.

Now my auditor is saying if all of you go at the same time who will work ??

So he has asked 2 of us to do GMCS 1 only in november.

But by that time my first year would beover.

Institute has not specified the impact of not completing GMCS 1 within 1 year but icsists on the same.

Can anyone let me know what is the impact of not completing GMCS1 within 1 year of articleship, for those who registered after may 1 2012.

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5 Replies

DILLIP KUMAR SENAPATI (articles) (28 Points)
Replied 15 May 2013

I have faced same kind of problem, my articleship was started on 8.6.12 & my GMCS batch will be start on 25.5.13 which means i am unable to complete my GMCS before 7.6.13, ply say anyone what kind of penalty will be imposed by the institute for non completion of GMCS before completion of 1yr articleship.

Mayur Devaliya (Article) (34 Points)
Replied 06 May 2014

I am in direct entry scheme. I am in 1st year of articleship. I am not compeleted my GMCS-1 and if i complete my GMCS-1 after 1 year of articleship then what be the cause????

ASHISH SAINI (CA Final Student) (37 Points)
Replied 20 May 2014

Sub: Extension of time to complete GMCS-I Course by the students registered for articleship training on or after 1st May, 2012

Dear Colleague,

It has been decided to grant extension to students, who were registered for practical training on or after 1st May, 2012 and completed one year of their practical training but not completed the GMCS-I course are required to complete GMCS-I Course latest by 30th September, 2014.

The above students are advised to register at the portal www.icaionlineregistration.org or contact the nearest Regional Council/Branch for registration in GMCS-I Course and complete the same at the earliest but not later than 30th September, 2014.

You are requested to give due publicity to this matter by publishing it in your newsletter/hosting it at your website etc., so that the above category of students who have not completed the GMCS-I within the specified period could availed of this opportunity and undergo the training timely but not later than 30th September, 2014.

Your’s faithfully.

CA. M. Devaraja Reddy

Chairman, Board of Studies

Attached File : 885856 1318606 15007gmcs i course.pdf downloaded: 312 times

Ram - The CMA, The ACS ( cma acs) (65 Points)
Replied 31 August 2014

For students registered for articles after may 1 2012 -

can gmcs 2 be completed after completeion of articleship and after appearing for final exams , since GMCS 1 was completed within 1 year of articleship ?

guru keerthana (student) (22 Points)
Replied 01 December 2014

I completed my ipcc group 1 in may 2013 and registeresd for articleship on 11/12/2013 and i have not completed my GMC till. what are conseques for not completing my GMC with in given time