Urgent - ca & cs dual qualification at the same time?

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

01 February 2013 Is it possible to complete your CA with article ship and by side clear the professional level of CS without training. After completing your CA join any company and claim exemption under CS training...?

ACS Gaurav Jain

ACS Gaurav Jain (Expert)
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01 February 2013 Exemption can only be claimed on the basis working
experience after passing the Final/Professional Programme
Examination provided he/she fulfils the requirement of the
Company Secretaries Regulations, 1982, as amended.
1 The candidates who have completed the Final/
Professional Programme Examination and possess
three years working experience as an executive or
four years as an assistant in a company having the
paid up share capital of Rs.25 lacs or more. To
assess the eligibility for exemption from
undergoing 12 months Management Training and
partial exemption from undergoing Practical
Training on case to case basis.

2 The candidates who have completed the Final /
Professional Programme Examination and possess
two years working experience as an executive or
three years as an assistant with a Company
Secretary in Practice. To assess the eligibility for
exemption from undergoing 12 months
Management Training. 6
From undergoing 12 months Management Training
and partial exemption from undergoing Practical
Training on case to case bases.
3 In order to avail total exemption under Regulation
48 & 51 a candidate should posses one year
experience as Assistant Secretary or any post
higher thereto in the Secretarial Department in a
company or body corporate having a paid up share
capital and reserves of not less than Rs.25 lacs or
any organization having gross fixed assets of not
less than Rs.50 lacs including any public Sector
Undertaking, Autonomous body, Financial
Institution or Bank, which in the opinion of the
Council, provides scope for acquiring sufficient
professional experience. Please note that 15 days
Secretarial Modular Training Programme is
compulsory

deepali agarwal

deepali agarwal (Expert)
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02 February 2013 Yes it is possible u can give professional exams u have to show leave during articleship period and CS training cannot get exempt from CA articleship..

Message likes : 1 times

Ajay Mishra

Ajay Mishra (Expert)
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02 February 2013 Agree with Ms. Deepali.

A student can get exemption on the basis of three years' experience of continuous practice on a whole-time basis as a Chartered Accountant or Cost Accountant having carried out statutory/cost/Internal audit or providing management consultancy services or three years' experience of continuous practice as an Advocate in a High Court having rendered services as Counsel/Advisor to a Company having paid-up share capital and services of not less than rupees twenty-five lakhs or any organisation having gross fixed assets of not less than rupees fifty lakhs including any public sector undertaking, autonomous or statutory body, financial institute or bank which in the opinion of the Council provides scope for acquiring sufficient professional experience;

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2013 Thanks to all experts for the valuable reply...!

By the way i am asking about cs training exemption on the basis of legal and secretarial work under company having more than required capital. So is it posiible to work and claim exemption after complition of work period...?

Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2013 Please experts answer it... Its urgent..!
Thanks.

Ajay Mishra

Ajay Mishra (Expert)
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07 February 2013 Yes, you can claim exemption from Institute.

deepali agarwal

deepali agarwal (Expert)
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07 February 2013 U can claim exemption if the authorised capital of the respective compnay more than 5 crores than u need experience of 3 n haf years to claim exemption also u need to be assisitant of the company secretary there n handled all works related to that..