Articleship

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 March 2013 i am a b.com hons final year student from regular college ...my exams will held in may so classes in the clg is complete ..can i start my articleship nw and what documents i have to submit

Ajay Mishra

Ajay Mishra (Expert)
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04 March 2013 Hi

PROCEDURES FOR REGISTRATION
1. Buy Forms 102 and 103 from the Institute of Chartered Accountants of India, New Delhi or from Regional Offices or its Branch Offices on payment of Rs. 100/-.
Or
Obtain the same by post by sending a demand draft / PO of Rs. 140/- (including postage)
payable in favour of "The Secretary, The Institute of Chartered Accountants of India, New
Delhi" or the concerned Regional Office.
2. Ensure a vacancy under an eligible practising Chartered Accountant for undergoing articles training.
3. If a vacancy is available and the Chartered Accountant in practice has agreed to impart training then execute Deed of Articles in Form 102 by affixing 'Special Adhesive Stamp' thereon or on a non-judicial stamp paper of the value as per rate in force in the City / State.
Fill up all details in Form 103 as required, sign it, obtain counter signature of the Principal.

4. Submit Form 103 in duplicate alongwith:
(i) Certified true copy of marks statement of Foundation Examination / Professional
Education (Examination-I) / Professional Education (Examination-II) /IPCC/ Common Proficiency Test.
(ii) Certified true copy of Secondary / High School Certificate as proof of Date of Birth.
(iii) Certified true copy of marks statement of 10+2 examination.
(iv) Requisite fees by way of Demand Draft as per schedule of fees given on Para 5.
(v) Certificate of completion of the Compulsory Computer Training / Information Technology
Training in case a student is joining 3 year articleship after passing Professional Education (Examination-II).
Copies of all testimonials must be attested by the Principal.
5. Schedule of Fees payable under the New Scheme of Education & Training w.e.f. September 13, 2006.
http://www.icai.org/new_post.html?post_id=781

Ajay Mishra

Ajay Mishra (Expert)
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04 March 2013
PURSUANCE OF OTHER COURSE OF STUDIES
With the permission of the Institute a student can pursue one course of study at a time. A student has to submit application in Form No.112 to the appropriate Regional Office of the Institute seeking permission to pursue other course of study within one month of joining the college/ course. The office shall grant permission within one month from the date of receipt of Form No.112. The students currently undergoing graduation or other course under general permission, which was given for the articled assistant to pursue graduation course, is withdrawn; therefore should obtain the permission within six months of issuance of new guidelines. The students shall, however, be permitted to complete the academic session/year currently undergoing and switch over to correspondence courses or institutions where no classes are conducted between 11.00 a.m. and 5.00 p.m. on any working day. The certificate portion in Form No.112 indicating college timings etc. shall be countersigned by the Principal of the college with the seal and stamp of the college and also indicating the telephone number and full address of the college.
In the event of breach of these guidelines and not taking permission as required, the articles already undergone shall be derecognised for such period as the Institute may decide. In case an articled assistant is found not undergoing articles in the manner prescribed, he shall be debarred from appearing in the exam up to 3 consecutive exams besides cancellation of such period of articles. The concerned member who allowed him to be such an articled assistant be subject to punitive action besides withdrawing either partly or fully his eligibility to train articled assistant. In Peer Review, the Reviewer be required to verify whether training is imparted to the articled assistants in the manner prescribed.

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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04 March 2013 To start articleship IPCC direct entry scheme registration is compulsory to get such registration qualification of Degree with required percentage of marks such 55% or 60% as the case for your case it is 55% so to know the qualification and qualified marks you has to write exams and has to get the results and marks sheet either soft or hard copy. So now you can't start your articleship.
In case you already registered to IPCC and completed your first group or both groups of IPCC then first you take classes completion certificate from your principle it is evidence to you need not to attend classes and then you can start your articleship.
The process for starting of articleship is choose your employer where you want to go for articleship training and then agree the terms and condition with that employer on form 102 and fill 103 and send to the ICAI with in one month from the date of starting of articleship by paying articleship registration fee through DD if not paid earlier all other information will be available you at such forms along with that forms you have to send form 112 by making sign with your employer and your principle and by you along with that form 112 you also attache the classes completion certificate copy for safe side then you may not face any problem from the side of ICAI in future because of eventhough classes completed you have to attend exams then only officially your course shall be completed upto the last exam you shall be in course so required form 112.

OM SAI SRI SAI JAI JAI SAI

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