Clarification regarding gmcs

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I have registered as an articled assistant in hyderbad in the last JULY and it is post May 2012. Hence I have to complete my GMCS-1. The problem is my office people are not allowing me to attend now, they are asking me to complete it during october - november 2013 that is post One year of my articles.... Will there be any penalty for not completing GMCS-1 within the first year of the articleship ??? I could not find any where regarding the same.....  Please do help me !

Replies (12)

You have to complete your gmcs 1 in first year of articleship. It is mandatory by ICAI and also a part of articleship so your office staff should not have any objection in this regard. If you do not complete your gmcs-1 then you have to take residential classes of three months after completion of your articleship which in my view is waste of time.I also had same problem but i insist my CA and he allowed me.so its better you ask your office people again and explain them about the whole thing...

Thank You ! ]

But i am not able find the rule regarding the same with the institute !  :(

For that you have to go to institute...there you will get all information.on ICAI site nothing is provide in this regard.

Yes The problem is that .. Nothing as to what is to be  done such cases is not given in the Website Too ! Anyways Thank U Very much Yaar !

 

your welcome

I have registered as on 1 march 2012 when i have to registred for gmcs

Dear Sriharsha............

 

The Institute has not descrined any rule for not comply GMCS in time. It only specified the eligibilty and training of GMCS, but not consequences. Most of the Institute have face the same problems.

For more, go to the following link:

https://www.icai.org/new_post.html?post_id=9772&c_id=347

Dear Vishal................

 

GMCS ELIGIBILITY

 

A student who has passed Intermediate / Professional Education (Examination – II) / Professional Competence Course and is serving his last 12 months of articles is eligible to complete the course. The requirement of compulsory attendance in this course applies to all the Articled/ Audit Assistants:

 

A student after being declared successful in the Final Examination under old or new scheme can be admitted as an associate member only after completion of the course on General Management and Communication Skills

 

A student who completes Three Months’ Residential Programme in General Management, Personality Development and Communication Skills organized by the Board of Studies will not be required to undergo GMCS Course.

 

i had john articleshilp on 30/09/2012,i have completed  but i did not complete my g m c s but my friends are telling it will effect my articleship please any one tell me 

Dear sir,

   I have complited my first year articleship in audit firm still i did nt complete my GMCS1-

    Is there any problm for pursuing CA,

   Please give brief clarification about this regard----soon..
 

Give brief details about Residential classes ------

Thanks -------regard

What is residential classes please explain briefly?


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