HOw many leaves are allowed during articleship training period in CA FInal within 3 years ?
HOw many leaves are allowed during articleship training period in CA FInal within 3 years ?
swapnil
(CA Final Student)
(63 Points)
Replied 11 March 2010
leave allowed for ca final articleship is 150 days
1/6 of total articlship ...
follow the Calculation Given as under
35 hrs per week * 156 week (3 years) = 5460 hrs in Total Articlship
per day 6 hrs so 5460/6= 910 working days...
So leave = 1095 total days ( 3 years) -- 910 days working days = 185 leave days ...
Thanks & Regards:ketan joshi
kj_joshi14688 @ yahoo.com
CA.ViVeK M ACA
(ACCOUNTS DEPARTMENT)
(28544 Points)
Replied 12 March 2010
| Originally posted by : ketan joshi | ||
 |
1/6 of total articlship ... follow the Calculation Given as under 35 hrs per week * 156 week (3 years) = 5460 hrs in Total Articlship per day 6 hrs so 5460/6= 910 working days... So leave = 1095 total days ( 3 years) -- 910 days working days = 185 leave days ... Thanks & Regards:ketan joshi kj_joshi14688 @ yahoo.com |
 |
As per your views 6 month leave will be available for the purpose of exm
jasvin singh sethi
(article)
(31 Points)
Replied 15 March 2010
does dis leave include the leave for the pcc xams?????????
CA Anurag Garg
(Chartered Accountant)
(339 Points)
Replied 15 March 2010
Relevant Provisions are given below-
Regulation 59 : Leave to an Articled Assistant
1. An articled assistant shall earn leave at the rate of one-sixth of the period for which he
has actually served excluding from such period, the period for which he has been on
leave subject to a maximum of 180 days.
4. For the purposes of preparing for an examination of the Institute, the articled assistant
shall be granted by the principal leave for two months or to the extent due, whichever is
less, provided an application for the leave has been made at least fifteen days in
advance.
Illustrative cases of computation of leave for 3 years of aticleship training
Case I Days
A. Total number of days served (365×3) 1095
B. Less: Total leave taken (other than weekly
holidays) 188
C. Actual Period served 907
D. Entitlement of leave (1/6th of the actual
period served) (907/6) 151
EXCESS LEAVE: (B - D) 37
Case II
A. Total number of days served (365 × 3) 1095
B. Less: Total leave taken (other than weekly
holidays) 137
C. Actual Period served 958
D. Entitlement of leave (1/6th of the
actual period served) (958/6) 160
EXCESS LEAVE: (B-D) NIL
Case III
A. Total number of days served 700
B. Less: Total leave taken (other than weekly
holidays) 140
C. Actual Period served 560
D. Entitlement of leave (1/6th of the
actual period served) (560/6) 93
EXCESS LEAVE: (B-D) 47
43
Illustrative cases of computation of leave for 3 ½ years of articleship training
Case IV
A. Total number of days served (365×3.5) 1277
Days
B. Less: Total leave taken (other than weekly
holidays) 200
C. Actual Period served 1077
D. Entitlement of leave (1/6th of the actual
period served) (1077/6) 180
EXCESS LEAVE: (B - D) 20
Case V
A. Total number of days served (365 × 3.5) 1277
B. Less: Total leave taken (other than weekly
holidays) 170
C. Actual Period served 1107
D. Entitlement of leave (1/6th of the
actual period served) (1107/6) 185
EXCESS LEAVE: (B-D) NIL
I dont think there will be any problem after readiing this.
| Originally posted by : ketan joshi | ||
|
|
1/6 of total articlship ... follow the Calculation Given as under 35 hrs per week * 156 week (3 years) = 5460 hrs in Total Articlship per day 6 hrs so 5460/6= 910 working days... So leave = 1095 total days ( 3 years) -- 910 days working days = 185 leave days ... Thanks & Regards:ketan joshi kj_joshi14688 @ yahoo.com |
|
This provisions are for Old Course...
Hi
We are looking for Article Clerks for a reputed Audit Firm in Chennai. Good exposure to Accounts, Audit and other specialized areas. If you are interested, please revert.
You can also refer your friends.
NOTE: If you are completed or undergoing article, kindly refer your friends.
Thanks and Regards
Hema R
SSS Placement Consultants Pvt Ltd
Contact Number: 044-42127730/9841430083
Hi
We are looking for Article Clerks for a reputed Audit Firm in Chennai. Good exposure to Accounts, Audit and other specialized areas. If you are interested, please revert.
You can also refer your friends.
NOTE: If you are completed or undergoing article, kindly refer your friends.
Thanks and Regards
Hema R
SSS Placement Consultants Pvt Ltd
Contact Number: 044-42127730/9841430083
Rajender Kumar
(Article )
(21 Points)
Replied 26 May 2011
If a student has taken leave of 162 days in total training period of 3yrs then whether it is in eligible limit or not
Shubham Agarwal
(Business)
(138 Points)
Replied 29 May 2011
Maybe CAs are the best confusing professionals.
No its beyond your limit. IPCC Articles is3 years, So Simply 3years * 365 = 1095 days.
!/7th of this, i.e. 1095/7 = 156days Maximum you can avail as your leave. Thats it.
Now this calculation you can do by number of ways, if you do 1095 - 156 = 939days artilces served;
939/6 also you get 156days as earlier.
But anyhow 156 days is the maximum leaves in 3years.
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