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ICAI has notified Draft Regulations of the Chartered Accountants (2nd Amendment) Regulations, 2022. As Per Draft Regulations CA Articleship Period to be reduced from the existing 3 years to 2 years. Currently, CA Students to undergo Three years of Mandatory Articleship Training under Chartered Ac
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FAQ :
The ICAI has proposed reducing the mandatory articleship period for CA students from the current three years to two years.
Under the proposed changes, one year of post-qualification training under a Chartered Accountant in Practice will be mandatory before a student can obtain a Certificate of Practice (COP).
The proposed changes are outlined in the Draft Regulations of the Chartered Accountants (2nd Amendment) Regulations, 2022.
The full text of the draft regulations proposed by ICAI has been mentioned in the notification, which was published in the Gazette of India.
Any person affected by the draft regulations can submit objections or suggestions to the Council of the Institute of Chartered Accountants of India within thirty days of the gazette publication.
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