Articled Assistants who have cleared IPCC and have completed eighteen months of practical training, are now eligible for Industrial Training



Quick Summary
The Institute of Chartered Accountants of India has updated its regulations, allowing articled assistants to undertake industrial training. To be eligible, candidates must have successfully passed the CA Intermediate paper and completed a minimum of eighteen months of practical training. This amendment, part of the Chartered Accountants (Amendment) Regulations, 2021, aims to broaden the training opportunities available to aspiring chartered accountants.

The Institute of Chartered Accountants of India has released theChartered Accountants (Amendment) Regulations, 2021 in order to further amend theChartered Accountants Regulations, 1988. Under the amended Regulations,articled assistants who havepassed the CA Intermediate paper and havecompleted a min
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FAQ :

Articled assistants who have passed the CA Intermediate paper and completed a minimum of eighteen months of practical training are now eligible for industrial training.

The new regulations are called the Chartered Accountants (Amendment) Regulations, 2021.

A minimum of eighteen months of practical training is required.

An articled assistant must inform their principal about the industrial training at least three months before it is due to commence.

The period of industrial training can be between nine months to eighteen months.

Yes, an articled assistant may serve as an industrial trainee for a period from six to eighteen months in any foreign country under a recognised member of an accountancy body.




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