Chartered Accountancy is the only professional course in the Commerce field where you are compulsorily required to undergo practical training before getting the final degree.
A student who has registered for the Chartered Accountancy course is required to undergo practical training under a Chartered Accountant after he has passed the Intermediate exam further if you have registered under CA course through Direct entry route then you can commence 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.
Now let’s see how many articles a practicing Chartered Accountant can registered under him/ her:
(Applicable to members practising the profession of chartered accountants in his individual name or as proprietor as partner)
|Category||Period of Continuous Practice||Entitlement of articledassistant or assistants|
|(i)||An associate or fellow in continuous practice for a period upto 3 years||1|
|(ii)||An associate or fellow in continuous practice for any period from 3 years to 5 years||3|
|(iii)||An associate or fellow in continuous practice for any period from 5 years to 10 years||7|
|(iv)||An associate or fellow in continuous practice for any period from 10 years||10|
To read about Industrial Training and more on articleship Visit: https://app.icai.org/faq
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