Articleship period for CPT and IPCC Student

Articleship 3081 views 7 replies

Ravi M

CA-Final

460 Points Joined December 2010

Hi Friends

Good news who has worked under Auditor before cpt and ipcc they will get exemption in their articleship period.

PROVIDED that a candidate who was registered as an
articled assistant before the commencement of the Common
Proficiency Test shall be eligible to continue and complete the
remaining period of practical training as per the deed of articles
executed under these regulations irrespective of any break in the
continuity of training:

This is provided as per THE CHARTERED ACCOUNTANTS
REGULATIONS, 1988

and please confirm with your ICAI Branch and if you have any doubt contact me

Regards

Ravi M

Replies (7)

sahil

final

130 Points Joined June 2009

ya ravi..... i want to confirm.....please give me link regarding this exemption...or add me to give detail abt this......smadan90 @ gmail.com

Ravi M

CA-Final

460 Points Joined December 2010

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aravinthan

articled assistant/ ca student

22 Points Joined September 2008

Hi,

One of my friend was worked in a Chartered Accountant Firm for a period of 5 years, after registering himself for PEII. But he not yet completed his PEII. Is there any option for him, to claim that working period as Articled Assistant or Audt Assistant, but he is not registered for Articles with Institute, since he is not eligible to register under PEII Scheme.

Ravi M

CA-Final

460 Points Joined December 2010

Hi Aravinthan

The problem u have put is bit complicated but i can give you an idea about PEII article ship please go throuh CA Regulation Act that i have provided in the link

Rohtash

CA - Final / CS / B.Com

1140 Points Joined November 2009

ISHANI BHATTACHARYA

PGDM 2ND YR

21 Points Joined May 2012

hi...
i had sum queries..like m doing full time MBA..n i want to persue IPCC together..so is articleship compulsary with this?

* Krishna *

CA Student

6149 Points Joined March 2009

@ Ishani:

Once after clearing the IPCC 1st group/both groups, you need to start articleship of 3 years. During the period of articleship, only one course at a time is permitted by ICAI to do, with its permission in Form 112. However, you should make sure that class timings of MBA are not conflicting with full time articleship training hours of the firm you joins.