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COVID-19: ICAI exempts criteria of Completion of OC and ITT before Admission in Practical Training

By Fathima Nihala. O -

The Institute of Chartered Accountants of India(ICAI) has exempted from the Completion of Orientation Course (OC) and Information Technology Training (ITT) before admission in Practical Training on or before 31st July 2020 for Direct Entry Scheme students.

The Institute of Chartered Accountants of India is the national professional accounting body of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament to regulate the profession of Chartered Accountancy in India.

Due to suspension of IT and Soft Skill classes all across the country because of the prevailing COVID situation, a large number of Direct Entry students are facing problems w.r.t their eligibility for joining of Articleship due to non-completion of Orientation Course & Information Technology Course. The Competent Authority has therefore decided to relax the requirement as a one-time measure which is as under:

The students who are registered through the Direct Entry route and are eligible to register in the article ship training on or before 31st July 2020 are allowed to register in the article ship training and complete Orientation Course and IT Training on or before 31st December 2020 instead of 31st July 2020.