In preparation for an examination by the Institute, the Senior Assistant shall be granted by the Principal Assistant for three months or to the extent due, whichever is lower, provided that a request for leave has been made at least fifteen days in advance. Given their two requirements, he has engaged as an intermediary to bridge the gap between the two, launching the official portal app.icai.org/homepage which companies register, post job offers and select candidates following their recruitment process. Unearned leave may also be granted by the principal, provided that the total leave to be taken by the auxiliary may not exceed one seventh of the total duration of his actual service plus the leave due under paragraph 2. The applicant must submit Form No. Page 104 to register for industrial training. The same can be completed and submitted online by logging into the SSP portal (eservices.icai.org). In plain language, an editorial assistant has the right to take a leave equal to 1/6 of the article time he worked. Days of examination of the Institute (including interim holidays) or days of participation in a course at an accounting academy organized by the Institute are not considered leave. To complete this online form, log in to the Self-Service Portal (eservices.icai.org/) and go to the article icon, where the Article Wizard must click on “Article Deed Form -102” to enter the desired details. Graduates or postgraduate students who do not fall under the above professional stream and who have obtained a total of at least 60% of the total mark or an equivalent mark in the examination organised by a recognised university (including Open University) have passed the ICWA or ICS intermediate examination. CA Internship Authorized leave, Calculation of excess leave, Find the conditions of excess leave during the internship period according to ICAI. Leave of absence for training of article ships, ICAI Regulation 59.
Rule 59 provides that an assistant shall be entitled to leave equal to 1/6 of the time actually completed, excluding the time during which he was on leave, which may not exceed 156 in the case of a three-year training period. Formal leave is generally granted if the trainee has notified the client within a reasonable time. The ICAI has adopted certain regulations in this regard, which can be referred to via the link www.icai.org/post.html?post_id=137. The Big 4 often post their lists of articles/job postings on the institute`s regional bulletin board, depending on the location of their particular branch where such a position is created. So, you should keep checking for the latest updates. For example, the link to browse job openings is www.wirc-icai.org/article-vacancies on the Institute`s West India Regional Council bulletin board. An article assistant who has taken leave beyond the maximum leave allowed by the ICAI should serve an additional period of the article to compensate for excess leave. For this purpose, the same employer, as an extension of the previous training, must issue a statutory document complementary to form No. “107” means triplicate on non-judicial stamped paper or affixed to the supplementary document a special adhesive stamp of the required value. The supplementary document in duplicate, accompanied by form No 108 for the period already served, shall be sent in such a way as to reach the office of the Institute within 60 days of the expiry of the normal time limits laid down for the article. If you have any questions, you can download the manual provided by ICAI at resource.cdn.icai.org/55785sspfaq-articles.pdf Sign a Supplementary Deed of Articles for the Period of Excess Vacation in Form 107 on a “Non-Judicial Stamp Paper; or “Special adhesive stamp” of equivalent value. Graduate or postgraduate in commerce who obtains a total of at least 55% of the overall mark or an equivalent mark in the examination organized by a recognized university (including Open University) by studying three papers of 100 points each in the fields of accounting, auditing, commercial law, company law, economics, management (including financial management), taxation (including direct taxation laws and indirect tax laws), calculation, administration or management control; or A member may be granted an additional vacancy to recruit an assistant whose normal training period has expired and who is found to have taken [the article assistant] on excessive leave to be compensated by an additional period of items.
In this case, it is the employer`s responsibility to ensure that the recruited assistant completes the training period under his direction, including the period of excessive leave. In such cases, the benefit of an additional vacancy is granted only if it was not reasonably foreseeable that the article assistant would have to work overtime because of the excessive leave. This additional position may be assigned to the former employer or any other auditor authorized to train article assistants. 1. During the training period, the assistant shall be entitled to leave equal to one sixth of the time during which he actually worked, except for the period during which he was on leave, but not exceeding 180 days. According to the standards established by the ICAI, the article assistant has the right to take a leave equal to 1/6 of the working time of the article he has performed. In this case, the time served means the period of actual service (excluding leave). The duration of the internship in the CA course is three years. The delegation rules prescribed by the Institute are discussed below. B. Less: total leave (except weekly leave) = 188 For other questions, you can also refer www.icai.org/post/help-us-to-serve-you-better-a-little-compliance-can-save-you-from-lot-of-discomfort the following link. One can also use the online job search introduced by ICAI to explore vacancies in companies/companies registered on the portal.
One can easily visit app.icai.org/homepage, log in and connect to the Big 4 if they have posted a job offer on the said portal by following the prescribed procedure. 2. A professional assistant who has worked as an examination assistant before starting his duties shall be entitled, in addition to the leave acquired under this Regulation, to leave equal to half of the unused leave acquired as an examination assistant, up to a maximum of three months. Note: Sundays/holidays are not considered statutory holidays. For the purpose of preparing for CA exams, the client grants the caseworker 3 months` leave, whichever is less, provided a request for leave has been made at least 15 days in advance. The days (including interim holidays) when the item administrator reports for a CA review are not treated as leave, but as time spent in detention as part of the review of the item. ** Subject to a maximum entitlement of 180 days of vacation for three and a half years of ownership of the item and 156 days for three years of ownership of the item. Reference to relevant ICAI official communication (www.icai.org/new_post.html?post_id=7267) The subsidy is paid only for this period and not for the period of excessive leave. D. Entitlement to leave (1/6 of the time actually served) = (907/6) = 151 For the purposes of this Regulation, days (including intermediate holidays) on which an assistant sits for an examination in accordance with this Regulation or attends a course of the Accounting Academy organised by the Institute and recognised by the Council in this context shall not be considered as leave, but as time actually served under the article.