(Please Note: – 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)
Industrial training can be performed in Financial, Commercial, Industrial undertakings with
- Minimum Fixed Assets of Rs.1 crore; or
- Minimum total turnover of Rs. 10 crore; or
- Minimum paid–up share capital of Rs. 50 lakhs; or
- Such other institutions or organization as may be approved by the Council from time to time
A Chartered Accountant who has been a member of the Institute for a continuous period of at least 3 years shall be entitled to train 1 Industrial Trainee at a time and a Chartered Accountant who has been a member of the Institute for a period of more than 5 years shall be entitled to train a maximum of 2 Industrial Trainees at a time.
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 and such Certificate shall also be submitted to the Institute.
The list of Companies registered with ICAI is listed below. If a company is not registered but meets the above eligibility criteria you can get the company registered with ICAI and pursue your training in that company.
NORTHERN REGION
http://www.icai.org/resource_file/14470part1_vip.pdf
http://www.icai.org/resource_file/14471part2-tcs.pdf
EASTERN REGION
http://www.icai.org/post.html?post_id=821
WESTERN REGION
http://www.icai.org/resource_file/14643post_819_wirc.xls
SOUTHERN REGION
http://www.icai.org/post.html?post_id=822
CENTRAL REGION
http://www.icai.org/post.html?post_id=817
Thanks for providing this list of training companies.
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Thanks for sharing this useful info. Keep updating same way.
ReplyDeleteRegards,Ashish Training Company
Thank you so much for providing the list of traning companies.
ReplyDeleteIndustrial Training Companies
This industrial training provide the better way of all the trainers.
ReplyDeleteIndustrial Training Companies
thanx for the above criteria as i had a confusion that one can do industrial training only in co.s listed in institutes site
ReplyDeletehie rohit
Deletecan you help me in my problem.
Actuly company is not registered then how can I undergo my training?
as mentioned in above para last line same is th situation with me the company is registered.How can I get company registered?what is the procedure?
ReplyDeleteI
This comment has been removed by the author.
ReplyDeleteSome time I wonder whether I will get the information I am looking for. But you have given complete information which I required.
ReplyDeleteIndustrial training in Punjaband Industrial training in Mohali