Criteria for Practicing Members to train Articled Students as Principal

In partial modification of the Bye-Laws 111(2), and 113A published in the Bangladesh Gazette in December 5, 2004, April 28, 2005 and 02 November 2008 issues respectively, the Bye-Laws 111(2) and 113A be read/amended as under.

(a).    Bye-Laws 111(2)—On completion of one year in practice, ex-service holder members of the Institute, with sufficient post-qualification job experience, etc. as stated hereunder, will be entitled to train Articled students in the following manner :

CATEGORY-I

Members (i) having post-qualification job experience for a minimum total period of 10 (ten) years,  (ii) holding the last position  in service career as Chairman, Managing Director, Member Finance, Director Finance, or such other senior equivalent positions as may be approved by the Council, in Ministries/Government Departments, Autonomous/ Semi-Autonomous Bodies, Multinational Companies, Listed Companies as well as non-listed Companies & reputed NGOs having sound Financial/accounting systems, as may be approved by the Council from time to time, and (iii) fulfilling all other applicable terms & conditions as laid down in relevant Bye-Laws or as may be prescribed by the Council from time to time in this regard.

CATEGORY-II

Members (i) having post-qualification experience for a minimum total period of 12 (twelve) years, (ii) holding last position in service career as controller of Accounts/Finance/Audit, General Manager (Accounts/Finance/Audit/Commercial), Financial controller, Financial Advisor, Finance Manager, Chief Accountant, Management Accountant, Chief Internal Auditor, Financial Specialist, Systems Specialist, or such other equivalent positions, in Organisations/Companies as stated in Category-I above, and (iii) fulfilling all other applicable terms & conditions as laid down in relevant Bye-Laws or as may be prescribed by the Council from time to time in this regard.

Entitlement of Both Categories of Members as per Bye-Law 111(2) to train Articled Students will be as under:

 

	Male/Female	Female	Total
For first year of practice	0	0	0
On completion of 1st year of practice	8	2	10
On completion of 2nd year practice	8	2	10
On completion of 3rd year practice	9	1	10
Total	25	5	30

(b).    Bye-Law 113A : Entitlement of Practicing Members to Train Articled Students

In Bangladesh and Outside Bangladesh, the Articled Students Entitlement of Practicing Members as per Bye-Law 113A will be as under.

In Bangladesh

Fellow Member        30 Students with Female Students being minimum 15% of total Articled Students

Associate Member    22 Students with Female Students being minimum 15% of total Articled Students

Outside Bangladesh

Principal: Fellow or Associate        2 Students

Chartered Accountants working with the CA Firms as Qualified Assistants or Managers will not henceforth be permitted to train Articled Students.

The above has been effective since 02 November 2008.