Articles Work Diary by Saurabh Jain

Articleship Rules in Chartered Accountancy, must for The Chartered Accountancy course in India entails three years of articleship – that again it is 3 years now. However, there are certain information that is not normal information that I have found through my struggles during articleship are: 1) Holiday: An articled assistant is entitled to all gazetted holidays that is given institute. So, in whichever day the Institute has a holiday – the Articled Assistant are holidays and not leave. Even Saturday could be a holiday, if the Firm follows f normal weekend holiday would be counted as part of articleship. The only exception is where the Article has taken a long duration leave say from 1st holiday falling in between the duration of leave would get counted as part of leave. ‘actually’, it makes the quantum of leave very dynamic to calculate. So, as per t articleship. that means – total number of days = 365 x 3 = 1095 days. Suppose leave taken is 180 days Then, number of days actually served = 1095 – 180 = 915 days Now, 915 / 6 = 152 days So, excess leave taken = 180 – 152 = 28 days : which the Article will have to articleship – if he has already taken 180 days leave ! Consequently, the maximum number of leave permissible in a three year articleship articleship it is around 180 days. The other thing is, that if one is attending any Seminar/ conference/ training cour any exam of the institute, those days are counted as part of articleship. So, if one organised by the institute then those three months of training are part of your artic Also, in case of ITT training, 20 days are specified as part of articleship. So if s 20 days period is part of articleshp – excess of that period (even if it be due to for 100 hours training) would be counted as leave. Also, if one is attending GMCS while doing articleship, that period (90 hours) wo leave. Usually GMCS is finished in 2 weeks flat. Similarly if one is appearing in Exams conducted by ICAI like Inter / Final while (inclusive of vacant days in between that exam) would be counted as part of articlesh 3) Timing of Work: The institute clearly states that the article has to do 35 hours the office for the Article should not start before 9 AM and not end after 7 PM. And end before 5 PM. The duration of 35 hours is exclusive of lunch period! The institute period in a week reaches 45 hours, then the Article has to be given compensatory leav Good firms often compensate for excess work hours or work done during holidays. Bu article may have to put in on an average 7 to 8 hours per day, 6 days a week and wit enough, articles may be called to work even on Sunday or any Holiday – particularly audit. Once during the statutory bank audit, my office day started at 10 AM and ended ready at 10 AM, the same day – for ‘another’ day of bank audit – and even later on t many occasions when I had to do audit upto 10 PM or 12 Midnight, without any compensa

Articles Work Diary by Saurabh Jain

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