« Top Headlines » Open DEMAT Account in 24 hrs  How to Change Current Period in Tally Prime Step-by-Step Guide for Users  Global Payroll Management with Tally Prime: How International Businesses Use It Beyond India  How to Manage B2B HSN Codes in Tally Prime: A Complete Guide for Businesses  How to Check Business Revenue in Tally Prime: A Complete Step-by-Step Guide  MSME Payment Rule in Tally Prime: Understanding the Law and Its Impact on Businesses in 2025 The MSME (Micro, Small and Medium Enterprises) Payment Rule is a legal framework introduced under th  Multipurpose Empanelment Form (MEF) 2025 26 Meaning, Purpose, and How to Manage It in Tally Prime  GST Appellate Tribunal (GSTAT) Structure, Powers, and Its Relevance in Tally Prime Implementation  How Tally Prime Supports the Real Estate & Construction Industry in India  Comparison Between Tally Prime 6.1 and Tally Prime 6.2  How Tally Prime Renewal Helps Save My Data  Where to Buy Tally Prime 7.0 at the Best Rates Possible «  Two new standards on internal audit... Panel studies outcome budget... » Now, CAs can train more article clerks April, 21st 2007 The Institute of Chartered Accountants of India (ICAI) has raised the entitlement of training articled assistants. This means that the number of students for articleship training under a practising Chartered Accountant (CA) will now be increased. With almost 70 per cent of the chartered accountants going to the industry, the articles were facing a crunch in terms of trainers. The ICAI took this decision to tackle the problem and make the administration more effective.    For instance, an associate or fellow in continuous practice for any period from 5 to 10 years is now entitled to train five articled clerks as against three under the earlier provision.    Similarly, for a practising CA with a period of 10 years and above, the entitlement is now 10 articled clerks. However, there has been no change in the entitlement to CAs with a practice of up to three or five years, where the number remains one and two, respectively.    Another important change brought by the ICAI is that the full-time salaried employees in CA firms can also train articled clerks. They were earlier not eligible to train. For up to 100 salaried employees, the entitled number is one articled assistant per employee.    Similarly, when the number of employees is between 101 to 500, the number of articled assistants can go up to a maximum of 300. The ICAI has also decided that the total number of articled assistants to be engaged by the full-time salaried employees shall not exceed the entitlement of the CA in practice or of all partners taken together of a firm of CAs.