An associate or a fellow chartered
\naccountant, who has been in practice continuously in India or outside India is
\neligible to train an articled assistant or assistants.<\/p>\n

 Similarly, an associate or a fellow chartered accountant who
\nis employed as a paid assistant with a chartered accountant in practice or in a
\nfirm of such chartered accountants is also eligible to engage an articled
\nassistant or assistants.<\/p>\n

 Effective from 17.8.2007 the entitlement of members in
\npractice to train articled assistants is as follows:<\/p>\n

 <\/p>\n\n\n\n\n <\/tr>\n\n\n\n\n

\n Category<\/strong><\/p>\n<\/td>\n	\n Period of \n continuous Practice<\/strong><\/p>\n<\/td>\n	\n Entitlement of \n articled assistant <\/strong>or  assistants<\/strong><\/p>\n<\/td>\n<\/tr>\n
\n (i)<\/p>\n<\/td>\n	\n An  \n associate  or  fellow  \n in  continuous<\/p>\n practice for a period up to 3 years<\/p>\n<\/td>\n	\n 1<\/p>\n<\/td>\n<\/tr>\n
\n (ii)<\/p>\n<\/td>\n	\n An  \n associate  or  fellow  \n in  continuous<\/p>\n practice for any period from 3 years \n to 5 years<\/p>\n<\/td>\n	\n 3<\/p>\n<\/td>\n<\/tr>\n
\n (iii)<\/p>\n<\/td>\n	\n An  \n associate  or  fellow  \n in  continuous practice for any  period from 5 years to 10 years <\/p>\n<\/td>\n	\n  7 <\/p>\n<\/td>\n<\/tr>\n
\n (iv)<\/p>\n<\/td>\n	\n An  \n associate  or  fellow  \n in  continuous practice for any period from 10 \n years <\/p>\n<\/td>\n	\n 10<\/p>\n\n\n\n\n  <\/td>\n  <\/td>\n<\/tr>\n  <\/td>\n  <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n  <\/td>\n  <\/td>\n<\/tr>\n  <\/td>\n  <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n   In the case of an associate or a fellow practising \noutside India, the Council may impose such additional terms and conditions as \nit may deem fit, which is as follows.<\/p>\n  <\/p>\n Training of Articled Assistants outside India \n<\/strong><\/p>\n  <\/p>\n i)         \nA Chartered \nAccountant is eligible to train an articled assistant provided his main \noccupation is the practice of the profession of Accountancy at the time of \nengaging articled assistants as well as in each of the qualifying years on the \nbasis of which he claims eligibility to train articled assistants. <\/p>\n  <\/p>\n ii)       Any \nmember engaged in any other business, occupation or holding part time \ncertificate of practice, is not entitled to train articled assistant. <\/p>\n  <\/p>\n iii)      The \nmember in practice shall have a professional address in India in his own charge \nor in charge of another member. <\/p>\n  <\/p>\n iv)       The \nterms and conditions that may be made applicable for training articled \nassistant in India from time to time shall mutates mutandis apply for training \nof articled assistant abroad. <\/p>\n  <\/p>\n v)        \nThe period of \npractical training shall be 3 years or 3\u00bd years, as applicable, under a \npractising chartered accountant abroad. However, the articled \/ audit \nassistants should have an option to undergo industrial training in accordance \nwith the Regulations 51 & 72 of the Chartered Accountants Regulations, 1988 \nduring the last one year of training. <\/p>\n  <\/p>\n vi)     The \nIndustrial Training may be imparted by the Chartered Accountants working abroad \nin a financial, commercial or industrial undertaking with minimum fixed assets \n& minimum total turnover or minimum paid up capital as may be specified by \nthe Council (whatever the value specified in terms of Indian currency may be \ndeemed as applicable in foreign countries in their respective currencies) or \nsuch other organization or institution approved by the Council <\/p>\n  <\/p>\n vii)     The \nterms & conditions contained in Regulation 54 dealing with secondment shall \nbe applicable to the articled assistants receiving training abroad. <\/p>\n  <\/p>\n viii)     The \nPrincipal shall send training reports as prescribed alongwith the service \ncertificate to be issued in Form 109 & 108 as the case may be <\/p>\n  <\/p>\n ix)      The \nprincipal shall impart training in accordance with the guidelines contained in \nTraining Guide. He shall maintain a record of practical training imparted by \nhim to the articled assistant and report to the Council in the form prescribed \nin the training guide. <\/p>\n  <\/p>\n x)       The \nrates, terms and conditions of stipend prescribed as payable to the articled \nassistants receiving training in India shall be applicable to the articled \nassistants receiving training aboard except that the same rate of stipend in \nequivalent terms specified in respective national currencies of the countries \nconcerned instead of Indian rupees. <\/p>\n  <\/p>\n xi)       Regulation \nof training in terms of office hours and working days holidays will be \napplicable as per local office timings and laws. However, requirements of total \ntraining hours will be the same as applicable in India, the terms of which are \ngiven hereunder: – <\/p>\n  <\/p>\n <\/a>a)      \nThe working hours for \nthe articled assistants shall be 35 hours in a week excluding the lunch break. <\/p>\n  <\/p>\n b)      The \noffice hours of the Principal for providing article training to the articled \nassistant shall not be generally before 9.00 a.m. or after 7.00 p.m. <\/p>\n  <\/p>\n c)      The \nnormal working hours for the articled assistant shall not start after 11.00 \na.m. or end before 5.00 p.m. <\/p>\n  <\/p>\n d)      The \nworking hours for the articled assistants should not exceed 35 hours in a week \nexcluding the lunch break and normally an articled assistant be required to \nwork during the normal working hours fixed for articled assistants. <\/p>\n  <\/p>\n e)      In \ncase of exigencies of work with Principal, an article assistant may be required \nto work beyond his \/ her normal working hours. However, under such \ncircumstances, the aggregate number of working hours shall not exceed 45 hours \nper week. The requirement to work beyond 35 hours in a week should not be a \npractice but only in exceptional circumstances. Further, where the articled \nassistant is required to work beyond normal working hours, and aggregate of \nsuch hours exceed 35 hours per week, he \/ she shall be entitled to compensatory \nleave calculated with reference to number of completed working hours, over and \nabove, 35 hours per week. <\/p>\n Working \nhours of an articled assistant<\/strong><\/p>\n “The minimum working hours of an articled assistant \nshall be 35 hours per week (excluding lunch break) which shall be regulated by \nthe Principal from time to time, subject to such directions and guidelines, as \nmay be issued by the Council.” <\/p>\n","protected":false},"excerpt":{"rendered":"  Similarly, an associate or a fellow chartered accountant who is employed as a paid assistant with a chartered accountant in practice or in a firm of such chartered accountants is also eligible to engage an articled assistant or assistants.   Category Period of continuous Practice Entitlement of articled assistant or  assistants (i) An  associate  or  fellow  … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11],"tags":[313],"class_list":["post-750","post","type-post","status-publish","format-standard","hentry","category-miscellaneous","tag-articles"],"yoast_head":"\n