Rules and Regulations for ICAI Students Pursuing via Distance Learning
The Institute of Chartered Accountants of India (ICAI) has specific regulations for students enrolled in a Bachelor of Commerce () program while they are in Articleship. This article discusses the guidelines and requirements set by ICAI regarding the distance of the office from the regular college.
ICAI's Guidelines for Degrees via Distance Learning
For courses that are considered regular, an articled or audit assistant must submit a comprehensive and fully completed Form 112. This form must be endorsed by the employer and the college authorities. The responsible principal of the college should counter-sign the Certificate in Form No. 112, specifying the college timings and other relevant information. This document must bear the seal and stamp of the college, as well as the telephone numbers and complete address of the institution.
Distance Education and Correspondence Courses
Given the busy schedule of articled and audit assistants, ICAI encourages them to pursue their degree through distance learning or enrol in special courses offered by recognized institutions such as the Indira Gandhi National Open University (IGNOU) in New Delhi or the Netaji Subhas Open University (NSOU) in Kolkata. These institutions offer flexible and convenient options for students to complete their degree while balancing their professional commitments.
It is important to note that an articled assistant is not authorized to attend regular college or any other institution during working hours to pursue any course, including graduation. Therefore, the college schedule of such a course should not conflict with the regular working hours of the articleship, taking travel time into account.
ICAI's Stance on Regular College Attendance During Articleship
There are no specific rules related to the geographical distance between the office and the regular college. However, it is essential to adhere to ICAI's guideline that students must not attend regular college during the articleship period. Instead, they should either opt for distance education or enroll in evening college courses.
ICAI closely monitors the activities of its students during articleship, and any deviation from these guidelines may result in the cancellation of their registration. Therefore, it is crucial for students to be aware of and comply with these regulations to avoid any penalties or complications.
Conclusion
In conclusion, while pursuing a degree as part of articleship, students must follow ICAI's guidelines regarding the mode of study. By choosing distance learning or evening college courses, students can ensure they maintain compliance with ICAI's regulations and successfully complete their academic and professional commitments.