Posts

Showing posts from February, 2021

Frequently Asked Questions (FAQ's) regarding Practical Training Assessment Test- PT Test

Latest Frequently Asked Questions (FAQ's) regarding Practical Training Assessment Test- PT Test:- General FAQ's 1. What is the purpose behind conducting practical training assessment?  The practical training tests will help students to self-assess themselves and know as to what they have learnt during their training.  2. What is the duration of the 1st level test?  2 hours  3. What will be the maximum marks for the 1st level test?  75 marks  4. What is the duration of the 2nd level test?  2 hours  5. What will be the maximum marks for the 2nd level test?  100 marks  6. Will the tests be MCQ based or subjective?  Tests will be MCQ based.  7. Is the same test date applicable for both 1st and 2nd level tests?  1st and 2nd level tests are held on same dates. The student will be getting the questions accordingly based on their login details.  8. Will there be any negative marking in these tests?  There is no negative marking in these tests.  9. Is it required to appear in this test

Home Based Test- ICAI PT Test- General Guidelines & FAQ for Home Based- PT Assessment Test

Image
General Guidelines & FAQ for ICAI PT Test Candidates for Home Based Test Home Based Test :- A Home Based Test allows students to take their exams remotely, including their homes, provided it is a complacent environment. A qualified proctor monitors the candidates’ audio-video and screen share feeds in real-time sitting at a remote location. Minimum requirements at Candidate’s End for Home Based Test :- A capable device (Desktop PC or Laptop only) No Mobile or Tablet Stable Internet connection, at least 1 Mbps speed (Mobile Hotspot is to be avoided) An effective webcam and a microphone. Google Chrome or Mozilla Firefox browser compatible with PC/Laptop Candidates have to login through Admin user only. System Date & Time should be correct. ICAI Home Based Test FAQ's:- Q1- What is Home Based Test?  Home Based Test is a computer-based version of Test that candidates can take at home via remote proctoring. Q2- When will Home Based Test be available?  For Exam or mock dates pleas

ICAI PT Test || CA Articleship Exam || Practical Training Assessment Test - Articleship

Image
ICAI PT Test || CA Articleship Exam || Practical Training Assessment Test - Articleship   What is the objective of the CA Articleship exam? After testing the theoretical knowledge of students in CA foundation and CA Intermediate. ICAI now wants to test the practical knowledge of students. The purpose of the CA Articleship exam is to produce good quality Chartered Accountant and to mitigate dummy articles. The CA Articleship exam is not compulsory for the students. T hese exams will be a compulsory part of the CA Course and grades given in such will appear in CA Final Marksheet.   Eligibility criteria for CA Articleship exam- PT Test The students after completing the first and second year of practical training are eligible to appear for the practical training exam in the subsequent three-quarters of completion of the same. For example, a student completing his/her 1st/ 2nd year of practical training during April-June, 2018 will be supposed to appear in the respective test till March 201

Articleship Completion Certificate - Form 108

Image
Form 108 - Articleship Completion Certificate by ICAI On completion of Articleship, a CA Student is required to submit Form 108 to ICAI in which he is required to furnish all relevant details pertaining to Articleship. This Form 108 is mandatorily required to be submitted by a CA Student with ICAI on completion of the articleship. An article assistant will not be eligible for the membership of ICAI unless he produces a certificate in Form 108 for the completion of articleship duely signed by the member under whom the articleship is being pursued. Form 108 is only required to be submitted on completion of the full period of articleship. In case a CA Student takes a transfer before the full period of articleship, in such cases Form 109 would be required to be submitted with ICAI. Form 108 – Details to be furnished ICAI Form 108 is a form which is required to be submitted by an article assistant on completion of full period of articleship. All details pertaining to articleship are require

Articleship Training Practical Internship under CA Course - Overview

Image
Articleship Training Practical Internship under CA Course - Overview  The ICAI (Institute of Chartered Accountants of India) imposed a  mandatory requirement of  Three years articled training  under Chartered Accountancy course in India .  The unique requirement of practical training/articled training is instrumental in shaping a well-rounded professional and also ensure that students have an opportunity to acquire on-the-job work experience of a professional nature. Such a practical training...      - Inculcates a disciplined attitude for hard work.      - Develops necessary skills in applying theoretical knowledge to practical situations.      - Provides exposure to overall socio-economic environment in which organizations operate.      - Develops ethical values.  When to Commence Articleship Training in Chartered Accountancy ? i. Foundation Route students can commence after completing Integrated Course on Information Technology and Soft Skills (ICITSS) and passing either or both gro

Latest Frequently Asked Questions (FAQ's) regarding Articleship Training under CA Course

Image
Latest Frequently Asked Questions (FAQ's) regarding Articleship Training under CA Course :- Q1: When can I commence Practical Training, if I am through Foundation/ CPT route? Ans: After passing either or both of the groups of Intermediate examination / IPCC and successfully completing Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) / ITT & OC, you can commence Practical Training. Q2: When can I commence Practical Training, if I am through Direct Entry Route? Ans: Immediately after registering for Intermediate / IPCC Course and successful completion of Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) / ITT & OC, you can commence Practical Training. Q3: When can I commence Practical Training, if I have qualified Intermediate level examination of Institute of Company Secretaries of India or Institute of Cost Accountants of India? Ans: After passing either or both of the groups of Intermediate examination / IP