AHMEDABAD: Prospective chartered accountants are left with little
manoeuvring space. The Institute of Chartered Accountants of
India’s (ICAI) recent decision to spell out the working hours
of articled assistants seems to have played spoilsport with their
academic interests.
As per the decision which came into
effect from April 1, 2008, the office hours of the Principal (CA under
whom they are working) for providing article training
to the articled assistants shall not start after 11 am and end before 5
pm and the working hours for the articled assistants should not exceed
35 hours in a week. However, in case the articled assistant is required
to work beyond his working hours, he will have to be compensated.
To ensure that the working hours do not clash with the graduation course
pursued by the article assistant, the articled assistant registered on
or after April 1, 2008, will be required to obtain specific permission
from the ICAI for pursuing graduation or other course as permitted
under Chartered Accountants Regulation by submitting a prescribed form
within one month.
However, as it turns out, the assistants
will not be in a position to pursue graduation or any other course.
Even those registered on or before April 1, 2008, will be required to
seek permission within six months from ICAI.
Earlier, ICAI
had allowed any person with qualification of X standard to appear for
the Common Proficiency Test (CPT) and join articleship after passing
standard XII. However, the recent decision has created resentment among
the students fraternity as they would not be in a position to pursue graduation or any other course.
Ajit Shah, a leading chartered accountant and past president of
Ahmedabad branch of ICAI said that because of the decision taken by the
ICAI council, entire articled clerk fraternity would be facing a lot of
problems.
Ahmedabad branch president Yamal Vyas said that
the branch has received complaints from students pursuing articleship
under the CA Articleship Rules and the branch is now considering to
represent the ICAI headquarters about the likely inconvenience faced by
the articled clerks. A majority of prospective CAs proceed for both CA
& also for B Com degree simultaneously.
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Articleship timings bother CA aspirants
https://economictimes.indiatimes.com/News/News_By_Industry/Articleship_timings_bother_CA_aspirants/articleshow/2962821.cms
thank god at least some are protesting
CA ASPIRANTS WILL BE REDUCED BY ATLEAST 90%
I think this rule made by icai is ridiculous! It should be immediately withdrawn.
hi friends
i want to say that by this rule
i advice people don't do CA course because it is very dangerous course by doing this you can't do anything from your life because at articleship your all the precious timeis becoming waste you can't do
so my advice to student go for a another course than a ca
hi friends
i want to say that by this rule
i advice people don't do CA course because it is very dangerous course by doing this you can't do anything from your life because at articleship your all the precious timeis becoming waste you can't do
so my advice to student go for a another course than a ca
I have sent the following queries to the Board of Studies of ICAI after the announcement of new conditions for Articles. I am still awaiting their response. I think this is an issue worth taking up with higher authorities for the sake of helpless CA students. Whether these new conditions are really in the best interest of the students is the point to ponder !
__________________
Dear Sir,
I would request you to please suggest on the following in view of changes in Articleship Training:
1) Depriving the opportunity to do regular degree course simultaneously with PCC.
2) Student who passed Nov. 07 CPT registered for PCC in the month of Jan. 2008. By that time the student finished 1st year B.Com regular. Now with the new working hours, it may not be possible to continue regular B.Com.
3. It being a toughest course, if a student could not complete CA due to any reason, he stands nowhere if he did not pursue his graduation.
4. If B.Com is seriously considered as a value addition, is it possilbe to reconsider the conditions for Articles ?
5. Will it not be ok if Articleship training of 3 1/2 years starts after 1 1/2 years of PCC registration ? This will give students an opportunity to gain some theoritical knowledge of accountancy and become mature enough to work in corporate environment.
Of course, you are the best judge to form the guidelines in the interest of students. I shall be grateful for your kind response to my queries.
With regards
Venugopal
God Save CA students from this draconian amendment made to the rules.
I Have Completed PE-ll in Nov. 2007. I want to join articleship.
Plz Con.- 09997993442.
-9911955665
this amendment by ICAI is really depriving students from being in gud colleges to pursue there graduation.
like one of my frnd's brother, who pursued his Bcom hons , first year from North campus DU, but now he would have to leave the college n do it by correspondence... which is really draconion for him
can caclub india help us from this useless amendment .. means can they cause icai to change the rule through some media or protest???
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