is itt trainig compulsary..??

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NITIN VERMA (Querist)

25 October 2010 sir main cpt clear krne ke baad direct ipcc group II de rha hoon may-11 me to mujhe abhi itt ki trainig leni jaruri hai..??

Ajay Mishra

Ajay Mishra (Expert)

25 October 2010 Hi

In Final (New) course, advanced application knowledge of core and allied subjects to accountancy profession has been intended to be inculcated. After passing both groups of PCC/ IPCC register for Final Course with the Board of Studies, Collect Study Materials of the Final Course and prepare for Final Examination. Appear in IPCC Final Examination during last 6 months of 3 years of articled training, Pass both the Groups of IPCC Final examination, Complete remaining period of articled training, if applicable,- Successfully complete the Course on General Management and Communication Skills, Get IPCC Final Examination Certificate, Enrol as a member of ICAI and designate as "Chartered Accountant"
ARTICLESHIP TRAINING
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