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What To Do After Passing IPCC Group-I?

Many students’ gets confused what is the procedure and what exactly to decide after passing only group-1 of IPCC exam. The article training period of 3 years and choosing a right one is important. I have seen many students who join the firm by name and fame and Transfer to another principle within 1year, for not satisfaction from work or any other reason. Here I am sharing you my personal experience and some observation.


Its big area where students make mistakes while choosing a good firm in fact a proper firm . I would strongly suggest rather than working with big firms, start training with middle level firms. Don’t be habitual of doing similar type of work. In big form its observed that students get good stipend but he put in particular section or department then he have to spend all 3 years in that area only. Learning new things and variety of work is very beneficial for our future. So always understand the firm properly and then join the firm. Don’t expect for good stipend (salary) in mid size firm, you will get minimum ` 2500 3000/- but the knowledge will you get from such firm experience is much more useful for future. Also study daily 2hours for IPCC Group-2 or if already pass then start studying Final studies. Its not easy to complete final studies in 6months as you done in IPCC level.



Initial stage you get basic work e.g. preparation of Summary from bank statements, Books writing (passing an Entries in Tally or other Package), preparation of reconciliation statement. After 2-3 months you will get good work in fact challenging work such as Tax Audit or VAT audit. Avoid silly mistake while doing work to impress senior’s and sincere about work.






1. Entry Qualification:

The candidate should have:

(a) passed the Professional Education II Examination (PE-II) conducted by the Institute and successfully completed computer training programme as may be prescribed from time to time by the Council of the Institute; or

(b) passed the Common Proficiency Test (CPT) conducted by the Institute and Senior Secondary Examination (10+2) examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto or;

(c) passed Professional Education I Exam(PE - I)/erstwhile Foundation Exam conducted by the Institute ;


2. Period of Articles:

The period of articles for the candidates eligible under (a)above is 3 years and for the candidates covered under (b) & (c) above would be 3 ½ years.


3. Documents to be executed:

(a) Deed of Articles in Form 102

(b) Statement of particulars for registration in Form 103 in triplicate, one copy to be sent to the Institute, one copy each to be retained by the chartered accountant and the articled assistant.


Deed of Articles in (Form ‘102’)

(i) The deed of articles should be executed on a Non-judicial stamp paper or 'Special Adhesive Stamps' of the requisite value should be affixed.

(ii) The deed of articles should be executed for full period of three years/three and a half years as the case may be. A deed showing a lesser period will not be registered.

(iii) The deed of articles should be executed in the printed Form in duplicate and signed both by the articled assistant/guardian of the articled assistant and the chartered accountant concerned.

(iv) The original deed of articles should be retained by the chartered accountant and duplicate copy thereof should be given to the articled assistant.

(v) The deed of articles is not required to be sent to the office of the Institute for registration.


Form of Particulars for Registration (Form 103)

(i) Statement of Particulars for registration (Form ‘103’) should be filled clearly, completely and unambiguously

(ii) The form should be signed both by the articled assistant/guardian as the case may be, and the chartered accountant concerned at the appropriate places. Note: Before entering into articleship, the candidate must ensure that the Chartered Accountant under whom he wishes to receive training as an articled assistant is eligible to train and he is having a vacancy to accommodate him as an articled assistant.


4. Permission for other course:

Prior permission of the Council to pursue any course of study either through correspondence, Private or Regular (be it a graduation or post graduation) should be obtained by submitting Form 112 duly filled in and signed by the student, his employer and the Principal of the College at the time of joining the articles or during the period of articles if intending to join or joined subsequently . The articled assistant presently registered and undergoing graduation or any other course and who have not obtained specific permission shall be required to obtain the specific permission from the ICAI by submitting Form No. 112 within six months of issue of these guidelines, i.e. by 30th September, 2008 . However those students who have already obtained the specific permission by submitting Form No. 112 need not obtain it again and the permission granted shall continue to be valid. Before recommending and forwarding application of the articled assistant, the principal must ensure that:

a) The working hours for the articled assistant shall be 35 hours in a week excluding the lunch break.

b) The office hours of the principal for providing articled training to the articled assistant shall not be generally before 9.00 a.m. or after 7.00 p.m.

c) The normal working hours for the articled assistant shall not start after 11.00 a.m. or end before 5.00 p.m.

d) The working hours for the articled assistant should not exceed 35 hours in a week excluding the lunch break and normally an articled assistant be required to work during the normal working hours fixed for articled assistants.

e) In case of the exigencies of work with the principal, an articled assistant may be required to work beyond his / her normal working hours. However under such circumstances, the aggregate number of working hours shall not exceed 45 hours per week. The requirement to work beyond 35 hours in a week should not be a practice but only in exceptional circumstances. Further, where the articled assistant is required to work beyond normal working hours, and aggregate of such hours exceed 35 hours per week, he/she shall be entitled to compensatory leave calculated with reference to number of completed working hours, over and above 35 hours per week.

f) The facility of allowing flexible office hours stands withdrawn.

g) During the working hours, the articled assistant is not permitted to attend college / other institutions for pursuing any course including graduation. Accordingly, college timings of such course should not be such ( after taking into account the time required to commute) which clashes with the normal working hours of the article training.

h) The working hours do not clash with the graduation or any other course, if any pursued by the articled assistant, each articled assistant registered on or after 1st April, 2008 shall now be required to obtain specific permission from the ICAI for pursuing graduation or other course as permitted under the Chartered Accountants Regulations by submitting Form No. 112, within one month from the date of joining the College or course to the ICAI.

j) The Certificate in Form No. 112 indicating college timings etc. shall be counter-signed by the concerned principal of the college with the seal and stamp of the college and also indicating the telephone number/s and full address of the college.

k) Leave in connection with the permitted course for the days of the relevant examination may ordinarily be granted by the principal. Any other leave for such course may be granted at the discretion of the principal

Note: In case a student does not comply with the above requirements or violates any of the above guidelines, his /her article ship period shall not be recognised.

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