Secondment

Anagha Kartha (Article Assistant) (32 Points)

01 April 2013

Dear Sir,

Is it possible to take secondment to another firm in the second year and go for industrial training in the third year?

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3 Replies

(Guest)

Secondment in 2nd yr of articleship is nt possible.Go for industrial training in d third year.

CA Manish Mishra (Qualified Chartered accountant) (507 Points)
Replied 05 April 2013

yes you can.

Sathish M (Management Accountant) (40581 Points)
Replied 05 April 2013

Secondment of articled clerks

A principal may, with the consent of the articled clerk, second from time to time the articled clerk to other member or members with a view to provide the articled clerk the opportunity of gaining practical experience in areas where the principal may not be in a position to provide the same.
The articled clerk shall be seconded only to a member who is entitled to train one or more articled clerks in his own right or to a member in industry who is entitled to train one ore more industrial trainees.
The member to whom the articled clerk is seconded will not be entitled to train more than two such clerks on secondment at a time.
The aggregate period of secondment shall nto exceed one year provided that the period served on secondment with any one member or his partner shall not exceed six months.
Where an articled clerk is seconded to a member in industry, the total period spent in industry by the articled clerk, including the period of industrial training under these Regulations, shall not exceed one year.
During the period of secondment, the principal shall pay the stipend as provided under these Regulations.
The principal shall keep a record of the training undergone during secondment and include its particulars in the report to the Council under regulation 64.
No deed of Articles need be executed for secondment nor any intimation need be sent to the institute in this behalf.