LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

New rule applicabilty to icwai-final exams..

Ramakrishnan (Student) (81 Points)

03 December 2012

Dear all., PLZ READ ALL CAREFuLLY.. i'm regd for ICWAI-final in 24.NOV.2012.,I have some doubts so pls anyone clear me that is..If i'm going to attend both groups in DEC.13 means am i required to attend training ah..? as per new rule..2'nd is IF i'm attend both groups in JUNE.13 and if failed then re-attempt at DEC.13 of anyone or both groups means 1yr training b4 to final exams mandatory OR exceptions ..ah?...last doubt is if i'm attend only one @ june.13 and balance @ dec.13 means 1yr training mandatory ah..? I'm regd unde syllabus 2008 ie.,old syllabus not '12

Reply
Follow
Share

5 Replies

Ankit Gupta (Learner) (1557 Points)
Replied 03 December 2012

Hello Ramakrishnan,
Please write your querry/question clearly so that everyone can actually read it in first sight what you seeking for:

Anyways, Here's your answers for u are looking for regarding CMA-Final Eligibility(new criteria):

1. U can give Final Exam(both) without any Practical Training for december'12 and june'13 attempt.

2. If u are giving december 2013 attempt(both grups) of finals then mandatorily 6 months training wud be required at the time of filling up the exam form.

3. If u are clearing ur fisrt grup in june 2013 and giving ur second grup of finals in december 2013, then also that mandatory training is to be completed for six months so as to give your last(remaining) group(s) .

Bottom Line:
If you doubt from now that your attempt can be extended to december 2013 then start the practical training under any organisation which is registered for trainings or join under a PCMA.
ALL THE BEST.

Hope i am clear to you what you have asked.
Regards,
Ankit Gupta

Ramakrishnan (Student) (81 Points)
Replied 03 December 2012

Hai Ankit.. Thanx for ur feedback.. Only one little clarification tht s can i use CS 15 month Practical training (if i pass CS inter in this dec term exams ) simultaneously to CMA final exams or Not ( ie.,An separate training must..ah? )..Last one is this training excluded to 3yrs training term to obtain membership.. . . Simply 3+1 or 2+1 = membership

Ankit Gupta (Learner) (1557 Points)
Replied 03 December 2012

Your most welcome Ramakrishnan ,

Clarification regarding the practical training/management training done in other courses like CS and Articleship in CA are actually not entertained by the CMA's. You have to separatel complete the required training for CMA. (registering yourself for one year contractual period in which six months attendance is compulsory)
Basically, No exemption is granted for other courses training allready done or pursuing, in this CMA course.

secondly, students who clear their final exams and their 3 years practical training completely are only eligible for applying Membership.

Regards,
Ankit Gupta

Ramakrishnan (Student) (81 Points)
Replied 03 December 2012

Dear Ankit., i understand it well..! Some of frnds told that u may goto training under ANY companies having such turnover prescribed by ICostAI and PCMA's...Not only exclusively regd companies/PCMA's..! Is it true..?...ONCE AGAIN THANX FOR CLEAR FEEDBACK AND HAPPY MOMENTS!!

Ramakrishnan (Student) (81 Points)
Replied 03 December 2012

Attendance means.,Am i required to produce attendance sheets/monthly reports or anything OR Sufficient to produce certificate only after 6 months completition...Am i required MANDATORILY work for ONE MORE 6moths(another 6 months in 1yr) else no need..Why dis formality