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 / IPCC and successfully completing Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) / ITT & OC, you can commence Practical Training.

Q4: What is the duration of Articleship Training or Practical Training?

Ans: Three years.

Q5: I am in first year of Practical Training, can I take transfer?

Ans: Yes. You may take transfer in the first year of Practical Training.

Q6: What is the entitlement of a firm/ member to train articled assistants?

Ans: Regulation 43 provides that subject to such terms and conditions, as the Council may deem fit to impose in this behalf, the members designated as an associate or a fellow, who has been in practice continuously, whether in India or elsewhere or an associate or a fellow, who is deemed to be in practice within the meaning of Explanation to sub-section (2) of section 2 of the Act, shall only be eligible to engage an articled assistant or assistants. An associate or a fellow shall be entitled to train such number of articled assistant or assistants, under such terms and conditions, as are specified.

Q7: I am in 2nd / 3rd year of Practical Training, what are the rules for transfer?

Ans: Transfer / termination of the articleship after completion of first year of articled training is possible on satisfying any one or more of the conditions as stated below: -

• Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital).
• Transfer of parent(s) to another city.
• Misconduct involving moral turpitude.
• Other justifiable circumstances / reasons: -

1. Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship):-
2. Industrial Training (Regulation 51)
3. Secondment of articles (Regulation 54)
4. Death of Principal [Regulation 57(1)(c)]
5. Ceasing of practice by the Principal [Regulation 57(1)(a)]
6. Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)]
7. Marriage basis (only if there is relocation to another city involving distance of 50 kms or more).
8. Irregular payment or non payment of stipend with reference to Regulation 67.
9. Articled assistant desires to serve balance period of training outside India.
10. Shifting by the Principal to another city involving distance more than 50 kms.

The articled assistants are required to get the permission from the Institute before getting Form 109 signed by the Principal in their own interest.

The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper alongwith the recommendation/ consent of the Principal for transfer / termination of articleship accompanied by evidence/proof (self-attested by the articled assistant) to the satisfaction of the Institute be made. Request for transfer not accompanied by consent of Principal shall not be accepted.

Q8: I wish to undergo Industrial Training, when can I do the same?

Ans: If you have qualified Intermediate / IIPC Examination can undergo industrial training during the last year of prescribed practical training in Industrial Organisations approved by the ICAI. The period of such training may range between nine and twelve months by informing the Principal about your intention to undergo industrial training at least three months before the date on which such training is to commence.

Q9: Is the Industrial Training period covered in the 3 years of Practical Training?

Ans: Yes.

Q10: Under whom can a student undergo Industrial Training?

Ans: Industrial training shall be received under a member of the Institute employed in the Industrial Unit or Member in Industry. 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 assistants or audit assistants.

Q11: How can a Company register itself for imparting Industrial Training?

Ans: As per the Regulation 51 of CA Regulations,1988-(Revised 2013), below are the requirement for registration of company desiring to impart Industrial Training to the Article Assistants:

1. Any of the Financial, Commercial, Industrial undertakings with minimum fixed assets of Rs. 1 crore; or minimum turnover of Rs. 10 Crore; or minimum paid – up share capital of Rs. 50 Lakhs; or such other Institution or organisation as may be approved by the Council from time to time may apply for registration;

2. A copy of printed and published, audited balance sheet of the immediate previous year indicating minimum total turnover of the Company for Rs. 10 crore needs to be sent as a proof alongwith the prescribed application from for its registration.

3. In case of a company abroad registering for Industrial Training, the member/ Company though eligible to impart Industrial Training under CA Regulation 51 but is unable to submit Annual Report / Balance sheet of the Company a self declaration about the financial particulars may be filled by the Company/ member along with application for registration.

4. The Company should have working Chartered Accountants who is an Associate or Fellow Member of the Institute for a continuous period of at least three years and more shall be entitled to train Industrial Trainee and Associate member will be entitled to train one and a Fellow Member shall be entitled to train two Industrial Trainees at a time, whether such trainees be articles assistants or audit assistants.

5. Employment of member intending to provide Industrial training must be in record of the Institute for determination of member’s association with the Company and period thereof. In case, if it if not already noted in the record of the Institute, Company/ organisation should file a written intimation\ to ICAI to note date of joining, designation and details of job profile of the concerned member.

6. Every principal engaging Industrial Trainee shall pay every month a minimum monthly stipend with reference to CA Regulation 1998.

Source- www.icai.org