Where can i take industrial training
Querist : Anonymous
Can Industrial Training be taken only in specified list as per ICAI or can it be taken any organisation which fulfills the share capital/fixed assets/ turnover criteria?
If any organisation fulfill the criteria as per requirement of ICAI then you have to submit the proof (i.e Balance Sheet) to ICAI.
Querist : Anonymous
And I also contact with ICAI- Chapter.
can refer this more details.
Querist : Anonymous
✅ When You Want to Take Industrial Training in a Non-Empanelled Company:
According to Regulation 51 of the Chartered Accountants Regulations, 1988, you can pursue industrial training in a company not listed by ICAI if:
The company satisfies the eligibility criteria (based on paid-up share capital, turnover, or fixed assets).
The CA in employment is eligible to train industrial trainees (i.e., a member for 3+ years and not more than 2 trainees at a time).
📌 Steps to Empanel a New Company:
Obtain consent from the company where you intend to train.
Get the CA's details under whom training will be done:
Name
Membership number
Years of experience
Number of trainees under them (should be ≤ 2)
Prepare supporting documents:
Latest audited Balance Sheet of the company
Board resolution/letter of intent confirming the company’s interest in offering industrial training
Profile of the company (may help for clarity)
Write an application addressed to:
The Secretary,
Board of Studies,
The Institute of Chartered Accountants of India,
[Your nearest Regional Office]
Attach the following to your application:
A formal request letter (on your behalf or the company’s) to include the company in the ICAI’s panel
A copy of the Balance Sheet
Details of the training CA member
Any other supporting documents (like company profile or HR confirmation)
🔄 Submission Process:
Submit these documents physically or via email to the Board of Studies at the concerned ICAI Regional Office.
You may follow up via phone/email after submission for approval status.
Once approved, the company gets added to ICAI’s list of industrial training organizations.
ℹ️ Helpful Links:
ICAI Industrial Training Regulations: https://www.icai.org/new_post.html?post_id=784
Download Form 104 (for registration of industrial training):
https://resource.cdn.icai.org/9674form104.pdf
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