Practicing Chartered Accountants/ Company Secretaries are exempted from the Practical Training Scheme and they will have to seek exemption after duly following the procedures on payment of exemption fee as prescribed above. Scan Copy of current salary slip duly attested by employer. Scan Copy of Audited balance sheet of employers or any other proof of turnover, wherever required (A letter mentioning the turnover of the company on the letterhead of the company, signed with seal) ![]() Scan copy of Experience certificate (stating designation, area of work & duration), duly signed by the Competent Authority of the organization in which employed/were employed. The students whose applications are received and found eligible on or before 31st May will be eligible to appear for June Examination and 30th November will be eligible to appear for December Examination respectively.Ī student can seek exemption from Practical Training immediately after joining the Intermediate course, or at any time during the course of studies subject to dates given above if the student is otherwise eligible.ĭocuments to be submitted along with Form T-3 Submission of Online Form T-3 to Directorate of Training and Placement of the Institute along with a Payment for Rs.2000/. The cut-off date for certification of Form T-5 shall be 28th/29th February for appearing in June examination which shall specify completion of at least 10 months of training as on that date.Ī student of the Institute who is working or has already worked in any of the recognized Organizations as given in ‘Appendix A’ and in any of the recognized areas as given in ‘Appendix B’, can claim exemption from Practical Training by following the procedures given below: The cut-off date for certification of Form T-5 shall be 31st August for appearing in December examination which shall specify completion of at least 10 months of training as on that date. However, a student to become eligible to appear in the final examination must satisfy the criteria on such cut-off date as may be specified from time to time. Management Consultancy Services as defined in appendix 6 under Regulation 111 of CWA Regulation, 1959.Įngineering Services involved in production of power or any manufacturing activities, Project Planning & Management, Quality Assessment, and Supply Chain Management.Įvery student having registered for the intermediate course on or after 11th February, 2020 shall be required to undergo practical training for a period of 15 months before the date of declaration of examination result of both or remaining group of final examination to the satisfaction of Council in any one or more of the organization(s) specified in ‘Appendix A’,, and in areas as specified in ‘Appendix B’ for the recognition for training. Teaching in Finance, Accounts, Costing, Taxation and Management. Systems Analysis, Information Technology (including ERP system) Recognized areas for Training Ĭorporate Laws, Industrial Laws, Commercial Laws Management Consultant in individual capacity depending on the size of the firm, nature of duties handled by the applicant related with cost and management accounting/ financial accounting/ taxation/ MIS or of similar nature, size of the client companies etc.Īny other organization(s) with a turnover of Rs.25 Lakhs in case service sector or Rs.50 Lakhs Lakhs in case of other than service sector.Īny other organization(s) as approved by the Council. If the firm of Chartered Accountants/ Company Secretaries has separate Management Consultancy Division and if the applicant has exclusively worked in that division, credence to such service is given on percentage basis depending on the nature of job related with cost/ management accounting/ financial accounting/ taxation/ MIS or of similar nature, size of the firm, nature of duties handled by the applicant, size of the client companies etc. ![]() Universities, Management Institutes and any other recognized educational institute Organizations Recognized for Practical Training Ī Cost & Management Trainee shall undergo practical training under:Ĭentral/State Government / Semi-Government / Public Utilities.īanks/Insurance/ other Financial Institution Providing on-job experience of practical and contemporary aspects of cost and management accounting arenaĭeveloping disciplined attitude required to grow as a professionalĬreating awareness and consciousness on ethical values in professional journey Providing practical exposure to the eco-system under which different organizations operate 15 months ĭeveloping necessary skill-sets among the students enabling them to apply theoretical knowledge of cost and management accounting to practical situations in various professional fields
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