daVe.. (Student) (1431 Points)
19 November 2008Hi all,
As you are all aware ICAI has come up with a 3 Months Residential Course for CA students in the final stage.
It is also known to all of us that an Article Assistant can opt for Industrial Training in the last year of his training, for a period not less than 9 months.
I would appreciate if somebody could clarify me whether an Article Assistant in his Final Stage can do both Industrial Training & 3 Months Residential Programme.
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 19 November 2008
the answer to ur this, lies in the question itslf...
as u have said, " an Article Assistant can opt for Industrial Training in the last year of his training, for a period not less than 9 months."
This clearly means that Both Industrial Training & 3-months training cannot be done together in the last 9 months of the Articleship.BUT who's stopping u frm doing the 3-months resi programme b4 those last 9 months, in ur entire period of being a CA Final student?
Hope u get my point.
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 19 November 2008
But as u can understand, the seats for the Resi programme are limited. So a candidate who has passed his Final, will get more preference for the same...and that cant happen b4 the last yr of articleship...
Thus, what u have said, might b possible on paper, but may not be practically feasible in most of the cases....
daVe..
(Student)
(1431 Points)
Replied 19 November 2008
Thank Jeet!
To conclude.... if im lucky enough to grab a seat for the 3 Months Residential Programme before starting my Industrial Training, I would be enjoining the best of both worlds. Right??
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 19 November 2008
exactly. and all the best for the same.
Sir,
I would like to clarify here that even if you have opted and started your industrial training,you can still do the residential programme.I have confimed this from institute.
The only issue would be that whether the company in which you are doing your IT would grant you leave or not but still they cannot forcefully restrict you as they are governed by the regulations of ICAI.
PUNIT JALAN
(Article Assistant)
(41 Points)
Replied 06 December 2008
Respected Sir,
i have completed my articleship for 2 years and appeared in ca-final nov.2008 exam. Further, i m looking for industrial training as early as possible.
Thaking you,
PUNIT JALAN
CA. Rajeev Aggarwal
(Chartered Accountant)
(3419 Points)
Replied 07 December 2008
yes u can do both
as for industrial training minimum period requirement is 9months
and balance 3 months can be devoted to residential course
But be careful abt the timings
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
CAclubindia
