Can I do CA Articleship in industry?

Can I do CA Articleship in industry?

To increase the exposure a student gets during the Training Period, CA students are allowed to get trained in Companies operating in the Industry. This training pursued in a company will form a part of Articleship Training undertaken by the Student.

What is MIT in CA?

MIT means CA in service and you get Industrial Training in the last year of your articleship under him.

Is it worth doing industrial training?

There are a lot of benefits of doing Industrial Training in the 3rd year of articleship when a student has already spent 2 years in regular work in a CA firm. If you do good work in a corporate during Industrial Training, you are likely to get placed in the same company post qualification.

Is it compulsory to do industrial training in CA?

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.

Is dummy CA Articleship illegal?

Dummy Articleship is basically when you get registered under a CA for the mandatory training period of 3 years under the CA course but you don’t actually go to the office for training. Two things: It is contravention of the guidelines. Basically what you’re doing can also be termed as fraud!

What is the motto of ICAI Industrial Training?

The motto behind ICAI to implement CA industrial training in the curriculum is to provide industries, members with adequate knowledge and background of Industrial functioning.

Is the ICAI Industrial Training mandatory in articleship course?

First of all, students shall note that ICAI Industrial Training is not a mandatory part of Chartered Accountancy course like articleship training. The motto behind ICAI to implement CA industrial training in the curriculum is to provide industries, members with adequate knowledge and background of Industrial functioning.

Which is the best period for industrial training in India?

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.

What should I know about CA Industrial Training?

This subsequently also helps those candidates who wish to pursue their careers in industrial backgrounds. In this article, we discuss all about the CA Industrial Training including its eligibility criteria, duration, procedure, and recent updates about the same.