ICAI has changed the Rules for Joining Articleship Training which has been detailed out below in this article. Direct Entry students can join Articleship training after CA CPT itself. We get a lot of queries regarding the Articleship registration procedure, Articleship fee, Last date to send articleship registration form. IWith this article, we provide you the detailed procedure regarding the ICAI articleship, what forms do you need to send, Can you use downloaded forms, Where to get these articleship forms etc.
Articleship Can be Commenced After Passing Any Group in IPCC:
Till yesterday, students who have cleared First Group of CA IPCC is eligible to join Articleship Training.
For students registered under the new CA Syllabus, ICAI changed this rule such that, even if you clear 1st or 2nd Group of IPCC, you can join Practical Training.
Now, Starting today, ICAI has extended this rule to Old Syllabus students also. So, now anyone who has cleared either of IPCC Groups can immediately join Articleship.
There are around 16,000 students who have already cleared IPCC Group-2, but are waiting to pass IPCC Group1, so that they can join articleship.
Now, this new rule is going to benefit all those students and also students going to appear in the upcoming exams too.
This change was brought considering the shortage of Article Trainees at CA Firms and also to encourage students to not to drop out of the course.
Note that, you have to complete IT and OP first before you can join the articleship.
Required Forms for Articleship:
You need to Fill in Form 102 and 103, which can be obtained from local ICAI Branch offices after paying fee of Rs.150.
What are these forms for:
Form 102 is the contractual agreement between the student and the Principal CA. So, first you need to get it legally Stamped for Rs.100.
Form 103 is the actual registration form with all the details.
What to do with the Articleship forms:
Form 102 need not be sent to the ICAI. Student need to just keep it with them.
Form 103 will be submitted to the ICAI.
What is the DD Amount for Articleship:
The Fee for articlehship registration is Rs.2,000.
Documents to be attached with Articleship Application:
The following documents shall be attached with the Form 103:
a. CA IPCC Marksheet (Downloaded one can be used).
b. Certified copy of 10th Standard Marksheet.
c. Certified copies of +2 Marksheets.
d. Copies of ITT and Orientation Certificates.
Demand Draft in favour of:
The DD shall be drawn in favor of ‘The Secretary, ICAI’ and payable at your regional office (Chennai, Mumbai, Delhi, Kolkata).
Articleship Working Timings
The working timings for the articled assistants will be 35 hours in a week excluding the lunch break.
The office timings of articled assistants shall not be generally before 9.00 A.M. or after 7.00 P.M.
The normal working hours for the articled assistants shall not start after 11.00 A.M. or end before 5.00 P.M.
The working hours for the articled assistants should not exceed 35 hours in a week excluding the lunch break and normally an articled assistant be required to work during the normal working hours fixed for articled assistants.
Once a Student sends the Articleship Registration forms, generally it takes around 20-30 days for ICAI to react. If a student does not receive the articleship registration letter from ICAI, you are recommended to check with your principal, as they also gets a copy of letter from the ICAI.
Alternatively, students can also contact the nearest ICAI branch office.