Articleship training / Auditing training

The unique requirement of practical training is instrumental in shaping a well-rounded professional to 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; and
•   Develops ethical values. 

Under the Present Scheme of Education & Training three years of articleship training has been designed to strike a balance between theoretical education and practical training.

A student can also undergo audit training. Eight months of audit training is treated as equivalent to six months of articleship training. 

Scheme of education and training for chartered accountancy course

Scheme of education and training for chartered accountancy course :-

Structure

The Institute of Chartered Accountants of India periodically reviews its scheme of education and training to remain in tandem with developments in the field of education and other changes at the national and global levels. Evolving business and changing environment also demands newer skills from the accounting professionals. ICAI,
being a member body of International Federation of Accountants (IFAC), has to comply with the International Education Standards [IES 1 to IES 8] which have been revised recently. There has been a shift from “input-based” to “outcome-based” approach in the Revised IESs. Accordingly, the ICAI’s present scheme of education has been
designed and implemented from July1, 2017.
Different levels of Chartered Accountancy Course
1. Entry Level Foundation Course
2. First Stage of Theoretical Education Intermediate Course
3. Final Stage of Theoretical Education Final Course

Objectives of the Scheme:

The emphasis of this scheme is on -

• Encouraging young talented students having aptitude for accounting education to make an early entry to the profession;
• Encouraging graduates and others appropriately qualified students to pursue CA course through Direct Entry;
• Complementing theoretical education by practical training;
• Instilling technical skills through Information Technology Trainings under ICITSS & AICITSS;
• Inculcating professional ethical values and attitudes among students;
• Inculcating analytical ability among the students through case studies;
• Globalizing chartered accountancy education through organization of education and training abroad.
• Updated syllabus is benchmarked to Chartered Accountancy courses offered around the globe and is fully compliant to International Education Standards issued by the International Federation of Accountants.

Chartered accountancy prospectus

Chartered accountancy prospectus DOWNLOAD 

Ca Through Direct Entry

I. Commerce Graduates/Post-Graduates (55%) or Other Graduates/Post-Graduates (60%):

(i) Enrol with the Institute for Intermediate Course.
(ii) Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of Courses on Information Technology and Orientation Course before commencement of their articleship.
(iii) Register for Practical Training of three years.
(iv) Appear in Intermediate Examination on completion of 9 months of Practical Training on first day of the month in which the examination is to be held.
(v)Appear and pass in both groups of Intermediate Examination.
(vi) Register for CA Final Course.
(vii) Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills (AICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills during the last two years of practical training but before appearing in the Final Examination.
(viii) Appear in the Final Examination on completion of the practical training or while serving last 6 months of articled training on or before the last day of the month preceding the month in which the examination is to be held after successful completion of AICITSS.
(ix) Complete articled training of 3 years.
(x) Pass Final Examination.
(xi) Enrol as a member of the ICAI and be designated as “Chartered Accountant”.
Provisional Registration: Candidates who are pursuing the Final year of Graduation Course shall be eligible for provisional registration to the Intermediate Course. Such candidates would be required to submit satisfactory proof of having passed the graduation examination with the specified percentage of marks within such period not
exceeding six months as from the date of appearance in the final year graduation examination. During the period of provisional registration, the candidate can undergo and complete ICITSS. It is clarifiedthat in their case, the
practical training will commence only on becoming a graduate with specified percentage of marks. Such candidates shall be eligible for appearing in the Intermediate Examination on completion of nine months of practical training. If such candidates fail to produce the proof within the aforesaid period, his provisional registration shall be cancelled and the registration fee or the tuition fee, as the case may be, paid by him shall not
be refunded and no credit shall be given for the theoretical education undergone.
II. Candidates who have passed Intermediate level examination of Institute of Company Secretaries of India or
Institute of Cost Accountants of India
(i) Enrol with the Institute for Intermediate Course.
(ii) Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of
Courses on Information Technology and Orientation Course at the earliest but these are to be completed compulsorily before commencement of their articleship.
(iii) Appear in Intermediate Examination on completion of 8 months of study course as on first day of the month in which the examination is to be held.
(iv) Join articled training after passing either of the Group or Both Groups of Intermediate Course and after
successfully undergoing ICITSS.
(v) Clear the balance Group (if any) of Intermediate Examination.
(vi) Register for Final Course.
(vii) Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills (AICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills during the last two years of practical training but before appearing in the Final Examination.
(viii) Appear in the Final Examination on completion of the practical training or while serving last 6 months of articled training on or before the last day of the month preceding the month in which the examination is to be held after successful completion of AICITSS.
(ix) Complete articled training of 3 years.
(x) Pass Final Examination.
(xi) Enrol as a member of the ICAI and be designated as “Chartered Accountant”.

Chartered accountancy Through Foundation Course

Through Foundation Course route:

(i) Enrol for Foundation Course after appearing in Class 12thExamination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.

(ii) Complete four months Study Period. Register till 30th June/ 31st December for being eligible to appear in November/ May Foundation Course Examination.

(ii) Appear in Foundation Examination after passing in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto and on complying with (ii) above.

(iii) Join Intermediate Course after passing Foundation Examination.

(iv) Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of Courses on Information Technology and Orientation Course at the earliest but these are to be completed compulsorilybefore commencement of their articleship.

(v) Appear in Intermediate Examination on completion of 8months of study course as on first day of the month in which theexamination is to be held.

(vi) Join articled training after passing either of the Group or Both Groups ofIntermediate Course and after successfully undergoing ICITSS.

(vii) Clear the balance Group (if any) of Intermediate Examination.

(viii) Register for Final Course.

(ix) Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills (AICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills during the last two years of practical trainingbut before appearing in the Final Examination.

(x) Appear in the Final Examination on completion of the practical training or whileserving last 6 months of articled training on or before the last day of the month preceding the month in which the examination is to be heldafter successful completion of AICITSS.

(xi) Complete articled training of 3 years.

(xii) Pass Final Examination.

(xiii) Enrol as a member of the ICAI and be designated as “Chartered Accountant”.

Ca cloud campus

Ca cloud campus campus click here