Hello Sir, I've cleared my CA Intermediate | CA IPCC in November 2011 and then subsequently got registered for articleship from November 2011 but i have done my CA Final enrolment October 2014 due to some problems, recently i heard that advanced ITT has been made compulsory for those who have registered for Final CA on or after August 2012 or registered for articles on or after August 2012. My question is whether advanced ITT is applicable for me also or not, because my exam is scheduled in May 2015, I am very much tensed...please help me on this one...... thank u in advance.
Hi, As i referred i found that As per Regulation 29(c)(iv) of The Chartered Accountants Regulation 1988, students who have registered for Practical Training on or after August 1st, 2012 were required to complete Advanced IT Training before admission to the Final Examination. Having regard to infrastructure and other facilities, the Council of the Institute decided to defer the implementation date of Regulation 29( c )(iv) from August 1, 2012 to February 1, 2013. Accordingly, 100 Hours Advanced ITT course will now be applicable to those students who have registered for Practical Training on or after February 1st, 2013 but before appearing in the Final Examination in terms of Regulation 29(c)(iv) of the Chartered Accountants Regulations, 1988. Students are, however, advised to complete the Advanced ITT well in advance before appearing in the Final Examination so as to avoid any hardship at a later date. Hope this helps you Thank You
Hi, you need not worry as ICAI has Postponed the application of Advance ITT from August to February 2013. Therefore, it is applicable to only those students who have registered for Practical Training on or after February 1st, 2013.