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Practical training exemption for icwai
I an currently employed with a BPS. will my experience be counted for the practical training required for ICWAI? will I get an exemption for the working experience I have with the organization. It is a MNC BPS that meets the requirement of annual turnover over 5 Crore. Please Assist.
Replies (1)
Greetings!!!
Organizations recognized for Practical Training
- Any other organization with a turnover of Rs. 50 Lakhs in case service sector or Rs. 1 crore in case of other than service sector.(not 5 crores)
Recognized areas for Training
- Management Accounting
- Cost Accounting
- Financial Accounting
- Financial Management
- Auditing
- Regulatory compliances
- Direct Taxation
- Indirect taxation
- Corporate Laws, Industrial Laws, Commercial Laws
- Systems Analysis, Information Technology (including ERP system)
- Project Management
- Banking Operation
- Insurance
- Valuation
- Financial Services
- Teaching in Finance, Accounts, Costing, Taxation and Management.
- Management Consultancy Services as defined in appendix 6 under Regulation 111 of CWA Regulation, 1959.
- Engineering Services involved in production of power or any manufacturing activities, Project Planning & Management, Quality Assessment, and Supply Chain Management.
- Any other areas approved by the Council.
https://eicwai.org/Training-Forms/Login.aspx for filing exemption form
https://icmai.in/studentswebsite/training_prac_train.php for more detail.
With regards & best of luck
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