The articled / audit clerks may undergo training in a financial, commercial or industrial undertaking whose minimum fixed assets are Rs. One Crore or minimum total turnover of Rs. 10 crores; or minimum paid up share capital of Rs. 50 lakhs or such other Institute or Organisation as may be approved by the Council. Such traininig can be taken during the last year of prescribed period of practical training. The training can be taken for a minimum period of 9 months and maximum of 12 months. This is with a view to give them an exposure to the entire gamut of the activities of such undertaking in phased and systematic manner. However, for matters of discipline and leave, the apprentice shall abide by the Rules Regulations of the employer.

Students having passed Both Groups of the Intermediate Examination / PE-II Examination and serving last year of training

• An Associate member who has completed Three Years continuous membership can train one Industrial Trainee.

• A Fellow member can train two Industrial Trainees.

• Industrial training can be received only under the Organisations approved by the Institute.

1. Student must inform his Principal three months before the date on which training is to commence, his intention to undertake Industrial Training

2. Submit Form 109 /114 from the Principal alongwith Training Report as specified in the Training Guide.

3. Execute Apprenticeship deed for Industrial Training in Form 104 on a non-judicial stamp paper or affix "Special Adhesive Stamp" as per rates applicable in respective City / States in duplicate and submit the same so as to reach the Institute"s office within 30 days from the date of commencement of such training, through the "Organisation" where Industrial Training is to be taken.

4. An audit clerk who has passed the Intermediate / PE-II Examination and serving last year of Service may also opt for Industrial Training. He should fulfil all requirements as mentioned above as in the case of articled clerk. He is also required to submit Form 104 duly executed as well as Form No. 114.

1. List of Financial / Commercial / Industrial undertakings, eligible under Regulations 51 & 72 to impart industrial training can be provided by the Institute to the students on request.

2. The notice for availability of Industrial Trainees received from the Financial / Commercial / Industrial Organisation are displayed on the Notice Board of the Decentralised Offices of the Institute

3. If an articled clerk wants to join any Financial / Commercial / Industrial Organisation (eligible under Regulation 51)which is not registered with the Institute, the request from such Organisation alongwith latest copy of Annual Report, names of the members who have completed three years continuos membership and stipend payable to the trainees may be forwarded to the Institute for approval.