Am i elegible for industrial training ? ?

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Rupesh surve (Querist)
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01 December 2012 sir / mam
I am in IPCC , not yet cleared group 1 .
I am working FOR "WIPRO LTD" FOR ITS CUSTOMER RESPONSE PROCESS . .
RIGHT NOW I AM TEAM LEADER AT COMPANY'S ONE OF THE PARTNER ASSOCIATE CALL CENTRE, (WHICH IS SET UP ONLY FOR VODAFONE CUSTOMERS USING BLACKBERRY)

I WANT TO KNOW , CAN I AVAIL FOR INDUSTRIAL TRAINING WITH SAME JOB.
I AM NOW STUDYING IPCC G1
. . . . .
I WANT TO KNOW WHETHER ICAI ALLOWS INDUSTRIAL TRAINING IN NON ACCOUNTING/AUDITING WORKS ! ! !

Ajay Mishra

Ajay Mishra (Expert)
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02 December 2012 Hi

ELIGIBILITY AND OTHER CONDITIONS FOR UNDERGOING INDUSTRIAL TRAINING

(i) An articled assistant who has passed the Integrated Professional Competence Examination / Professional Competence Examination/ Professional Education (Examination - II) or Intermediate examination can serve as an Industrial trainee in any of the financial, commercial, industrial undertakings as may specified by the Council or such other institution or organization as may be approved by the Council from time to time.
(ii) Articled assistant before proceeding for Industrial Training has to intimate his principal at least three months before the date on which such training has to commence.
(iii) Minimum period of Industrial Training may range between nine months and twelve months during the last year of prescribed period of practical training.
(iv) The Industrial Training shall be received under a member of the Institute. An Associate who has been a member for a continuous period of at least three years is entitled to train one industrial trainee and fellow is entitled train two industrial trainee at a time, whether
such trainees are articled assistants or audit assistants.
(v) An agreement of training is to be entered in the approved form i.e. Form No. 104
(vi) On satisfactory completion of industrial training, the principal has to issue service certificate in the approved form i.e. Form No. 105.
Industrial training also offers an opportunity to the trainees to take part in specialised accounting exercises. Thus, for instance, the closing of accounts provides an opportunity for them to acquire the skills necessary as a concomitant to the theoretical knowledge which they have acquired earlier.
Industrial training may also expose the trainees to management accounting, cost accounting, management information system, EDP, etc. It also provides an opportunity to them to participate in the work relating to corporate laws, taxation and secretarial practice.

Rupesh surve

Rupesh surve (Querist)
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16 June 2013 is it possible to do CA studies along with job
I had passed cpt in 2010. and studied for ipcc but then left studies and start doing job. . . now want to join ipcc studies again . . i want to know can i do it along with my job ( i am not working in accounting field , i am working in it field)and what about articleship 3 years? or is it i need to left my current job for studies and work under ca ?

Rupesh surve

Rupesh surve (Querist)
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16 June 2013 is it possible to do CA studies along with job
I had passed cpt in 2010. and studied for ipcc but then left studies and start doing job. . . now want to join ipcc studies again . . i want to know can i do it along with my job ( i am not working in accounting field , i am working in it field)and what about articleship ?
or do i need to leave my current job and joing ca for articleship , but that option is difficult for me !

Ajay Mishra

Ajay Mishra (Expert)
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17 June 2013 Hi

You can do CA with job, but due to current article ship process, you will give full pledge time devotion for article ship.

If you can manage your leave then you can do so, otherwise it is difficult.

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