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Sunday 14 January 2018

Can a Chartered Accountant working abroad impart Industrial Training to an articled assistant abroad?

The Industrial Training may be imparted by the Chartered Accountants working abroad
in a financial commercial or industrial undertaking with minimum fixed assets &
minimum total turnover or minimum paid up capital as specified by the Council
(whatever the value specified in terms of Indian currency may be deemed as applicable
in foreign countries in their respective currencies) or such other organization or
institution approved by the Council. Moreover, the members would be eligible to impart
Industrial training in accordance with Regulation 51 and 72.
In addition to above, an organization eligible to impart training outside India which is
not yet registered with the Institute may submit an application (format of application is
available on our website www.icai.org) alongwith a self declaration (in absence of
Annual report) regarding minimum fixed assets & minimum total turnover or minimum
paid up capital of the organization about the particulars of the undertaking.

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