Everything to know about Industrial Training:

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.

Industrial Training can be taken for a period of 1 year.

Although Transfer during the Articleship Period are allowed only during the 1st year and not in the 2nd and 3rd year, a student is allowed to take transfer in the 3rd year for the purpose of Industrial Training only.

 

There should be a agreement between the Industrial Trainee and the Company employing such trainee and such agreement shall be submitted to the Institute in Form No. 104. 

On successful completion of Industrial Trainee, the Company shall issue a Certificate signed by the Chartered Accountant under whom the Training has been undertaken in Form No. 105

Industrial training can be performed in Financial, Commercial, Industrial undertakings with

1.     Minimum Fixed Assets of Rs.1 crore; or

2.     Minimum total turnover of Rs. 10 crore; or

3.    Minimum paid–up share capital of Rs. 50 lakhs;

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