08 July 2013
sir i have given my ipce xams in the may attempt 2013,my resuts are approaching and i am going very confused dur to articleship tension. i dont know how to apply for articleship and also which type of firms should i approach for my articlship
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
08 July 2013
thanku so much sir could you also tel me whether industrial trainig has to be done compulsorily or not. if nt compulsory ,is i helpful n also in which year it has to be done?
09 July 2013
No, it is not mandatory for article ship.
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.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
09 July 2013
sir do u mean to say that industrial training can be done in any year of articleship. also is it an articles choice to choose the company fr industrial training
09 July 2013
Industrial training will be allowed only in last year of training
and it should be in a range of 9 months to 12 months
Querist :
Anonymous
Querist :
Anonymous
(Querist)
12 July 2013
thanks alot sir sir can u just clarify to me that whether we have to choose one particular department when in articleship in big ca firms. i mean to say that will i have to take specialisation in one department only.
23 July 2013
I will suggest you to firstly complete your article ship and there after start doing CMA. It will be helpful for you to manage your study in both professional course.
Wish You all the very best.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
23 July 2013
thanks a lot sir
Querist :
Anonymous
Querist :
Anonymous
(Querist)
25 August 2013
what is the last date of getting registered for articleship fr a may attempt student.