Articleship

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Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 should i go for articleship under any cost accountant or do a job in a company. i have passed icwa (inter),the problem is that i have to do articleship for 3 years but i want to learn them as fast as possible and support my family. please do guide

Ajay Mishra

Ajay Mishra (Expert)

10 July 2012 Hi

A student has to undergo articled training for the period of three years along with theoretical education. The entire period of practical training can be served with a practising member or it can be served partly with a practising member and partly in an approved industrial establishment as an Industrial Trainee. The period of such industrial training may range between 9–12 months during the last year of the prescribed period of practical training. Only students of Final Chartered Accountancy Course are eligible for Industrial training. A person registered as an articled assistant is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time. The current minimum rates of monthly stipend payable, depending on the situation of the normal place of services of the articled assistants.

Regards

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