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Nov 2017

ICAI Secondment Of Articleship | What Is It | How to Apply for ICAI Secondment

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Secondment is a right of CA Student where the CA Student ask their Principal to transfer him to another CA temporarily for work which the main principal don’t have. If both the CA agrees then the CA Student can apply for it.

Sometimes the CA Student feels that the work they assigned during the 3 years of articleship is not sufficient and they want to gain knowledge in different fields also. I have a real example. One of my friend having same issue. The office in which she doing articleship only having Bank audits. Her 1.5 years tenure has completed and 1.5 year has remaining. She wants to gain knowledge in different field also like income tax service tax etc.. so she can apply for secondment.

So what really a secondment means

CA Students are required to undergo 3 years of articleship in a CA Firm as a part of course curriculum. In these 3 years of articleship, the CA Student may:-

  • Pursue all 3 years of articleship in the same CA Firm, or
  • Opt for Industrial Training in a Company
  • Take transfer to some other CA Firm, or
  • “Opt for Secondment of Articleship”

Secondment is a right of CA Student where the CA Student ask their Principal to transfer him to another CA temporarily for work which the main principal don’t have. If both the CA agrees then the CA Student can apply for it.

This can be explained with the help of the following example. For eg: A CA Student registers with Mr. X for Articleship. Now Mr. X can allow the CA Student to stay registered under his CA Firm but work for Mr. Y. This arrangement if called Secondment of Articleship and ICAI has allowed such an arrangement under Regulation 54.

In the above example, although the CA Student is pursuing articleship under Mr. Y, but is registered under Mr. X.

Minimum and Maximum time for Secondment period

The minimum period of Secondment of Articles as per Regulation 54 of Chartered Accountants Act is 4 months and the maximum period is 12 months

This option can be exercised by the CA Student at any time during the 3 years and not necessary in the 1st year

How to apply for Secondment 

The CA Student is required to intimate ICAI about such an arrangement in the form attached in the link below.

https://resource.cdn.icai.org/7526form_secondment_articles.pdf

Rules and Condition for Secondment (regulation 54)

The articled clerk shall be seconded only to a member who is entitled to train one or more articled clerks in his own right or to a member in industry who is entitled to train one or more industrial trainees.

The member to whom the articled clerk is seconded will not be entitled to train more than two such clerks on secondment at a time.

Where an articled assistant is seconded to a member in industry, the total period spent in industry by the articled assistant, including the period of industrial training under these regulations, shall not exceed one year

Secondment of Articleship may be pursued either in a CA Firm and/or under a CA in Industry

During the period of secondment, the member with whom the articled assistant is seconded shall pay the stipend as provided under these regulations

The member with whom the articled assistant is seconded shall be responsible for imparting training during secondment. He shall maintain records of practical training undergone by the articled assistant during secondment and forward the same to the principal on completion of period of secondment. The principal shall include required particulars in the report to the Council under regulation 64

A statement in the form approved by the Council shall be sent to the Secretary for records within thirty days from the date of commencement of training on secondment

Any further query can be asked by commenting below.

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