Articleship period - leave ?

Final 1240 views 3 replies

Tanushree

22 Points Joined March 2007

I have registered for articleship in Dec 2006. I have passed PCC in June 2009. My articleship period will be complete in June 2010. We get leave of 6 months i.e. 1/7 period of articleship( So articleship period is 3 years). But if i will complet 3 years training in Feb 2010 and my 3 months leave will be remaining. Can i appear for CA final in May 2010?

Please reply soon. Thanks in advance.

Replies (3)

Sanjay

CA Final n CS Final

324 Points Joined October 2009

Hi Tanushree! Your calculations are not correct as per ICAI Rule.Refer relevant portion of ICAI FAQ which clearly says that u can appear in CA Final exam only after completion of ur Articleship period.i.e.,after June 2010 in Nov 2010 only.

Relevant portion of ICAI FAQ

Q. When a student of Professional Competence Course (PCC) who switch over from Professional Education (Course – II) (PE-II) can appear in the Final Examination?

A. The period of articled training for a student of Professional Competence Course (PCC)

is three and a half years whether he/she has joined PCC after passing Common

Proficiency Test (CPT) OR has switched over from PE-II to PCC. Such a student can

appear in the Final Examination only after completion of full period of his/her articled

training i.e. 3 ½ years and not before.

Priyanka

articled assisstant

22 Points Joined October 2009

How much leave is allowed in our total articleship period??

Is there any leave period specified for preparation of CA final exams?

Durga Bhramarambika

ca cs b.com

27 Points Joined October 2009

hi priya , we can have 4 months leave for final coaching as per icai & there is no leave mentioned for exam preparation u have 2 prepare 4 final right from beginning of ur articles &finallygranting of leave is in ur auditor hand . bye all the best