what is industrial training? how one can start this?
CA Devender Chauhan (Group Financial Accountant) (1526 Points)
12 April 2010what is industrial training? how one can start this?
Industrial Training is Getting trained as per Regulations 51,72 -
a. Financial / Commercial / Industrial undertakings with total assets of not less than Rs.50 lakhs and having in its employment one or more Chartered Accountants who has been a member for a continuous period of three years.
> An Associate for a continuous period of three years can train ONE Industrial Trainee.
> A fellow member can train TWO Industrial Trainees.
b. Organisation intending to impart industrial training should obtain prior approval of the Institute by submitting the copy of annual Accounts alongwith such request.
c. Industrial training can be received only under the member of the Institute.
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