01-16-2010, 09:21 AM
Hi all,
I am making any sort of contribution on this forum after quite some time. Training in industry, some months or years back it seemed quite probable that ICAP will allow training in industry alongwith CA Firms, however, didn't happen. I am of the opinion that a student may not be trained in industry as he could be in a firm (though an employer may provide you a totally different opinion when you meet him as a job seeker). But here I will like to second the point noman made, the induction capacity of firms is less than the number of the students seeking training. Consequently, it is seen that quite some time say four to five months of a student are wasted in search of a firm and a further equal period serving as an unregistered student. Surfing the forum itself tells that students are facing difficulty in this regard. I believe ICAP should consider allowing training in industry as the equation of induction capacity of firms and the students is worsening.
Permanent exemption was almost finalized by previous council of the institute, but, intentionally or by coincidence the previous council left the finalization of these proposals for the new council. According to my information this delay is not being caused due to procedural delays in amendment of law but the change of council before approval. I anticipate it may take time.
Regard
Shoaib
I am making any sort of contribution on this forum after quite some time. Training in industry, some months or years back it seemed quite probable that ICAP will allow training in industry alongwith CA Firms, however, didn't happen. I am of the opinion that a student may not be trained in industry as he could be in a firm (though an employer may provide you a totally different opinion when you meet him as a job seeker). But here I will like to second the point noman made, the induction capacity of firms is less than the number of the students seeking training. Consequently, it is seen that quite some time say four to five months of a student are wasted in search of a firm and a further equal period serving as an unregistered student. Surfing the forum itself tells that students are facing difficulty in this regard. I believe ICAP should consider allowing training in industry as the equation of induction capacity of firms and the students is worsening.
Permanent exemption was almost finalized by previous council of the institute, but, intentionally or by coincidence the previous council left the finalization of these proposals for the new council. According to my information this delay is not being caused due to procedural delays in amendment of law but the change of council before approval. I anticipate it may take time.
Regard
Shoaib
