HANDS-ON COURSES (HOC):

There shall be three hands-on courses, unless exempted, to be completed at various stages of qualifications as follows:

  1. Presentation and Personal Effectiveness (PPE)
  2. MS Office
  3. Data Management and Analytics; or Fin-Tech

Hands-on courses on PPE and MS Office shall be completed:

(a) any time before the commencement of training by the persons joining training on CAF basis on or after 01 March 2023.

*Provided that students joining training from 1 March 2023 to 31 August 2023 shall be required to complete the hands-on courses on PPE and MS Office before 31 August 2023.

(b) any time before attempting CFAP by the persons joining training on a graduation basis on or after 01 March 2022.

Hands-on courses on Data Management and Analytics or Fin-Tech shall be completed any time before attempting MSA.

ARTICLE-SHIP:

The article-ship starts after qualifying all 08 papers of CAF. The duration of article-ship is 3.5 years paid practical training phase that allows students to work on audit & accountancy assignments for various companies.

Students get eligibility to appear in CFAP Exams after completing 1 year of practical training.

MINIMUM STIPEND RATES EFFECTIVE FROM JULY 1, 2023:

CAF Passed or equivalent thereto (Training period 3.5 years)

CriteriaRupees per month
On Commencement of Training19,300
On Passing any three papers of CFAP26,200
On Passing all papers of CFAP/any three papers of CFAP and one MSA36,400
On Passing all the prescribed examinations required to become member of the Institute72,400