have a small query my friend recently completed his ipcc and joined articles he is not satisfied with articles and he is saying tht he will take DUMMY. i asked how can u get knowledge?? he answered me that he will work as paid assistant also he said he will work in companies with his ipcc certificate where he gets good income too and knowledge
was he right?? i too felt this is nice but was it right in doing as we get practical exposure and also we can get abundant time to read final
now i am in dilemma pls help me frnds regards kiran
30 October 2012
It is very risky to you as well as to your employer(who given dummy). ICAI stricktley prohibited Dummy articles and doesn't allows. If ICAI finds dummy articleship at any time it should be cancel whole articleship period as well as also punish both student and employer. So it is very difficult to maintain dummy articleship with out public notice. So you have to maintain such secrecy.
As per my view i don't like and suggest dummy articleship because of not only the above reason for other reasons also like knowledge etc......
30 October 2012
Those who going to articles only get good knowledge among all the matters. Those who takes dummy and doing job doesn't get knowledge regarding all the matters. And his knowledge is limited for the accounting only.
30 October 2012
yeah but if he feels he will go to job after C.A and not go for practise?? he is saying tht he will go to job only after C.A and not practise so he said he will be an expert in tht field dnt knw to what extent he is true? but was he true?
30 October 2012
According to me those who are pursuing CA it is not important to earn money at the time of their articleship period only important thing is earning knowledge and getting exposure on work etc....(however some are must and should required financial support to their family but it is exceptional case).
30 October 2012
In such case also he doesn't gain the CA knowledge and doesn't work as CA. Just he join as Financial manager, Senior account etc.... Then when we not designated as CA then what is the use for doing CA is it only for degree.
can a student take termination/transfer frm principal in the 2nd month of articles??? if yes case1) if his principal doesnt allow him to take transfer what the student can doo? if the auditor is too harsh while asking him many times too what to do??
30 October 2012
Just based on your friends decision blindly you don't go. First analysis your self what you, what you want, how did you want to became etc.... and take decision.
30 October 2012
Yes, he can take termination. With out employer concern the ICAI doesn't allow termination. So you are saying employer is very harsh then in such case you write a request latter to ICAI regarding your employer and want to take termination but the employer not agreeing with me and i don't like to continue articleship at him and there is no good work exposure etc... so please permit me to termination with out employer concern.
30 October 2012
if then the institute take initiative and will transfer my articleshipp?? any case u have seen ?? pls and finally can u pm me ur email as i feel u r more knowledgble and i need ur guidence to chat plss
30 October 2012
Yes, ICAI may consider but till now i didn't so that. But one of my friend case almost we go to that but finally agreed. But students also have right to complaint against the employer etc... However as per your request i will send my email id to your PM.