What is the procedure for CA Industrial training?

What is the procedure for CA Industrial training?

The candidates who wish to pursue ICAI Industrial Training shall fill the Form No. 104 to register himself for the CA Industrial Training. Once the candidate completes his tenure as an Industrial Trainee, the principal has to issue a service certificate in the approved form i.e. Form No. 105.

Can we do industrial training after CA final?

Is it mandatory to pursue Industrial Training during the CA course? It is not mandatory to pursue Industrial Training. It is entirely up to the discretion of the candidate whether he/she wants to pursue Industrial training or complete 3 years of articleship under his/her existing Principal.

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Who is eligible for industrial training?

(1) An articled assistant who has passed the Intermediate (Professional Competence) Examination or Professional Education (Examination-II) or Intermediate examination and has completed a minimum of eighteen months of practical training under these regulations shall be eligible for industrial training.

How do I file 104 for industrial training?

Execute Apprenticeship deed in Form 104 on a non-judicial stamp paper or affix ‘Special Adhesive Stamp’ as per rates applicable in respective city/States in duplicate and submit the same so as to reach the Institute’s office within 30 days from the date of commencement of such training, through the “Organisation” where …

Is it easy to get industrial training in CA?

How to get into Industrial Training? Getting into industrial training is not a tough job, its just you got to do a little homework. Companies intending to hire industrial trainees put up requirement advertisement on the notice board at ICAI Office.

How many industrial trainees can a CA have?

As per the ICAI guidelines, An Associate who has been a member for a continuous period of at least three years shall be entitled to train one industrial trainee at a time and a fellow shall be entitled to train two industrial trainees at a time, whether such trainees be articled, clerks or audit clerks.

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Is ISCA removed from CA final?

It is like a big relief for the students of CA final. In the new CA Syllabus, ICAI Removed ISCA (Information System Control & Audit) from syllabus. …

What is the procedure of registration for CA articleship training?

The procedure of Registration for CA Articleship Training ICAI has made it mandatory for every CA student to complete the first 2 years of Articleship Training under a practicing Chartered Accountant while last year (optional) to serve under a Chartered Accountant in service.

What is the procedure for ICAI Industrial Training?

Procedure for Industrial Training – The candidates who wish to pursue ICAI Industrial Training shall fill the Form No. 104 to register himself for the CA Industrial Training. Once the candidate completes his tenure as an Industrial Trainee, the principal has to issue a service certificate in the approved form i.e. Form No. 105.

How long does it take to get industrial training for CA?

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Period of Industrial Training As per the ICAI guidelines, the period of CA Industrial Training may range between a minimum of nine months to a maximum of twelve months. Under Whom Article can Pursue Industrial Training – CA Industrial Training shall only be received under a member of the Institute of Chartered Accountants of India.

How to submit ICAI form 103 for articleship training?

Form 103 shall be submitted to ICAI along with an attested copy of IPCC Mark Sheet, attested copy of Secondary/Higher Secondary School Certificate, and ITT and OP completion certificate. All the above forms should be submitted with the ICAI within 30 days of commencement of Articleship Training.