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CA Articleship 2024: Registration, Period, Stipend, and Firms

CA Articleship


CA Articleship, the first step in securing a higher education degree, is a CA degree at the end. It is a compulsory program of practical training under the scrutiny of the Institute of Chartered Accountants of India (ICAI). While students study theory-based learning during the two years of the CA Articleship Training Program. They also learn to apply those theories to actual work situations and improve their writing and research skills. This real-life experience involves such things as client relationships, class projects with colleagues. And practical advice given by professionals that have a lot of experience. This will provide a student with tools to prepare them for the challenges they will face both now and in the future.

CA Foundation functions as a beginning test for those who wish to study Chartered Accountancy and marks the first milestone on this journey. It comprises the building blocks of accounting, commercial law, general economics, and commercial intelligence. Completing the CA Foundation exam to a successful level accompanies the students to the subsequent stages of the CA programme, such as CA Intermediate and CA Final.

What is CA Articleship?

Articleship is the first practical step in CA-ship after the educational order that the Institute of Chartered Accountants of India provides to its course participants. The initial phase of learning consists of acquiring intensive knowledge and experience in accounting, auditing, taxation, and management.

A CA Articleship, which lasts at least 2 years, involves students in the practical implementation of their academic knowledge. This, in turn, upgrades their skills and attributes. The fact that assistant jobs are practical gives them opportunities to work with clients and to engage in different disciplines under the supervision of experienced mentors. Articles provides students with first-hand experience of complex professional issues, thus preparing them for the future when they will be qualified Chartered Accountants.

CA Exam Time Table 2024 during the CA journey has many stories to tell about the exam schedule and the CA profession.

CA Registration for Articleships

After completing the conditions, students must register for the CA articleship training guide. Obtaining membership in the Institute of Chartered Accountants of India (ICAI) is a significant step. The registration process involves several steps:

Download Forms 102 and 103 from the main ICAI website. Students need to fill out these forms and then submit them accordingly to receive their results. The form to download the information mentioned has a cost of INR 50.00 only.

IPCC, or IB Merit Sheets, which include a minimum grade.

A scanned copy of the twelfth mark sheet is attached.

ITT and orientation programme completion credentials

The CA Course Guide involves several stages of study, including but not limited to the eligibility tests, various levels of auditing, and practical training. With different duration ranging from one to four years, depending on the route taken to getting the CA licence. The level of training and education that candidates undergo throughout the period is a benchmark. Set to make sure that all the candidates who become qualified chartered accountants are skilled and prepared.

CA Articleship Registration Fees 2024

Applicants for practical training must submit Form 203 with a draft, including all fees. If fees are already paid when an article is submitted, no additional payment is required.

The articleship expenses are INR 2000/-. Draw the demand draft in favor of ‘Secretary, The Institute of Chartered Accountants of India. Payable in Mumbai, Kolkata, New Delhi, Chennai, or Kanpur according to the region.

The duration of the professional CPA (Chartered Professional Accountant) course differs depending on when you decide to undertake the course. As illustrated in the foundation and direct entry routes. For every course, the CA course duration includes different modules that normally take several years to complete. These modules consist of various stages of theorising, examination, practical tutorials, and training.

Must Read: ICAI CA Foundation Study Plan for June 2024

Expected Salary/Stipend for CA Articleship

The stipend rates for ICAI CA Articleship in 2024 are as follows, based on the classification of the normal place of service of the Article Assistants:

Urban areas and villages housing 20 lakh people or more:

  • During the 1st year: INR 4,000
  • During the 2nd year: INR 5,000
  • During the 3rd year: INR 6,000

Towns and cities with more than 500,000 residents but fewer than 200,000:

  • During the 1st year: INR 3,000
  • During the 2nd year: INR 4,000
  • During the 3rd year: INR 5,000

Towns and cities with fewer than five lakh people:

  • During the 1st year: INR 2,000
  • During the 2nd year: INR 3,000
  • During the 3rd year: INR 4,000

Such salary rates are used as a basis for compensation for reporters, as their responsibilities are determined by the city or town where they are working.

The Eligibility Criteria for CA Articles

CA Training Article is an important stage of the CA program, and youth are required to have particular eligibility to become part of this phase of their career development.

Direct Entry Route candidates must meet the following criteria

Those who are from the commerce stream or post-graduate degrees with a minimum pass mark of 55 percent. A minimum 60 percent mark from other streams can join training after registration for the CA Intermediate Course.

The criterion for completion of a four-week ICITSS course consisting of both IT and soft skills is also required.

These educational requirements ensure that aspirants for the course (CA Articleship Training) must possess a proper study background and good mastery. The skills required for successful completion of the CA Articleship. A key stage in their training towards becoming Chartered Accountants.

Top 11 Firms for CA Articleships

Here are some of the top firms for CA Articleships:

  • Deloitte India: Being a global brand, KPMG provides a spectrum of services, including audit, taxation, consulting, and advisory on a global scale.
  • Ernst & Young (EY) India: Provide an internship program for articleship in audit, tax, advisory, and assurance services, as well as a noble track record.
  • Pricewater House Coopers (PwC) India: Combines internships in audit, tax, advisory, and assurance services covering the angle of innovation as well as technology, yet the solution.
  • KPMG India: And, through its global network of audit, tax, advisory, and risk consulting areas, it covers a range of clients and provides opportunities for article ships.
  • Grant Thornton India: It helps to maintain a good reputation because of the dynamic working conditions and promotion of professional growth within services such as auditing, tax, and advisory consultancy.
  • BDO India: If you are considering an article in auditing , taxation , advisory, or consulting services, we recommend considering these job openings , with mid market clients as our target.
  • RSM India: Promotes articleship in view of starting a career in audit, tax, and advisory services, emphasising client relationships and service excellence.
  • Baker Tilly DHC: Most renowned for its qualifications in audit, tax, and advisory operations, providing services to clients in various sectors.
  • Nexia International: A global network of autonomous audit, taxation, and consulting firms is opening the way for articleship for audit, taxation, and consultancy services.
  • Moore Stephens India: gives tax, auditing, and advisory preliminaries to work for both local and global entities.
  • Crowe India: Provides articleship training in audit, tax, and advisory services and develops its services and long-term client relationship focal point.

Top Courses to Complete Before a CA Articleship

The top courses for an ICAI CA articleship generally include:

  • Chartered Accountancy (CA): This is a course that every student is trained in. The course includes three practical trainings in accounting, auditing, taxation, and other particular subjects. All of which are overseen by a practicing chartered accountant. The high CA salary in India includes a significant salary package that reflects. The great demand and prestigious position of chartered accountants in the professional world.
  • Certified Public Accountant (CPA): A CPA certification brings along your accounting, auditing, and taxation skills. As you become marketable enough and you expand your career opportunities.
  • Company Secretary (CS): Preceding your articleship with a seminar in the Company Secretary Course allows you to acquire skills. In governance, compliance, and legal matters that CA professionals use daily.
  • Cost and Management Accountancy (CMA): CMA certification combines your articleship experience of cost accounting, finance management, and strategic application with its capabilities.
  • Diploma in Information Systems Audit (DISA): With a significant role of technology in auditing and a growing tendency to include IT audits among. The required number of audit techniques, DISA certification provides advanced expertise in IT auditing. Which has become a very important skill for contemporary CA.
  • Certificate Course on Concurrent Audit of Banks: This course offers a specialized format that is relevant for a concurrent audit of a bank. Effectively bridging the gap between your knowledge of banking operations and risk management.
  • Certificate Course on Indirect Taxes: Apart from learning about GST and other indirect tax laws, the course aims to develop your expertise. On the role of indirect taxation in tax compliance as well as advisory services. Which are a vital taxation service area.

These courses make the articleship you are going through more meaningful and richer, leading you to expand your skillset and opening you up for more opportunities in the accounting and finance industry.

CA Articleship Frequently Asked Questions

1. What is the articleship period in CA 2024?

The CA syllabus 2024 update consolidates and minimises papers at all three levels, shortening the CA articleship from three to two years.

2. How much a CA can earn during an articleship?

During the CA articleship, the stipend amount varies based on factors such as location, firm, and year. Typically, it ranges from INR 1000–3000 per month.

3. Which are the top CA firms for articleships?
  • Deloitte
  • PricewaterhouseCoopers
  • Ernst & Young
  • KPMG
4. Who is eligible for the CA Articleship?

To qualify for CA Articleship under ICAI New Scheme 2024, students must pass both intermediate-level groups and complete the Integrated Course on Information Technology and Soft Skills (ICITSS) training.

Also Read:

CA Foundation Free Mock Test Series

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