| Bos/Ancmnt/Elgbty-Fnl-Exam/01/06 |
| August 22, 2006 |
| Attention is invited of all students pursuing Chartered Accountancy Course and undergoing practical training, in particular, that as per the Draft Chartered Accountants Regulations, 2006, they will be eligible to appear in the Final Examination during last one year of practical training (instead of last six months of training). Therefore, students who are eligible to appear in May 2007 attempt as per the existing Regulations will be eligible to appear in November 2006 attempt subject to fulfilment of other eligibility conditions and approval of the Government in this regard. |
| Since the cut-off date for submission of eligibility test paper for appearing in November 2006 examination is July 31, 2006, it is perceived that the above-stated category of students will be in difficulty to submit eight test papers within the prescribed cut-off date. Therefore, the Board of Studies has decided to extend the cut-off date for such students till October 15, 2006. |
| Students are advised to follow official announcement hosted on the website / students’ Newsletter – The Chartered Accountant Student and to ignore rumours in this regard. |
| Illustrative situations: |
| Sl.No. |
Date of articleship
registration |
Eligible term for appearance in the Final
Examination as per the existing Regulations |
Proposed Relaxation |
|
1. |
2.11.2003 -1.5.2004 |
November 2006 |
November 2006 |
|
2. |
2.5.2004 -1.11.2004 |
May 2007 |
November 2006 |
|
3. |
2.11.2004 –1.5.2005 |
November 2007 |
May 2007 |
|
4. |
2.5.2005 –1.11.2005 |
May 2008 |
November 2007 | |
| Note: These illustrations are based on normal leave entitlement as per Regulation 59 of the Chartered Accountants Regulations, 1988. |
| Director of Studies |
