(Work from Home)

 As per ICAI Regulations Act, 1988, The student is

to required compulsory practical training of 36
months during their course. As per our Indian
Market scenario, even ICAI management also
knows out 50% students out of 100% adopt
shortcut at this articleship they started to take
dummy or bogus articleship by giving Rs. 7000-
8000 per month to practised chartered
accountant companies by cash from this cash
some of amount are reported by CA firms as
stipend for hiding this dummy criteria then again
they takes this stipend transfer refund from
students by cash. Apart from regular admission
fees and exams fees students will pay Rs.3 Lac
extra for this shortcut.
 Now what is the consequences of this ?

 Financial Burden over the students during the course because

several students are working somewhere to earn their livelihood.
This dummy concept create more burden.
 After completion of course, If they don’t get job so they will give
fake audit of balance sheet and profit and loss of private
companies for earning the money. This will led to high bank
frauds and NPA.
 Increases of No. professionals in India and less employment.
 Poor Accuracy of Financial work.
 Fake figures.
 Increase in suicide cases.
 Future of Chartered Accountancy will gone black.
 Now what is the consequences of this ?

 Financial Burden over the students during the course because

several students are working somewhere to earn their livelihood.
This dummy concept create more burden.
 After completion of course, If they don’t get job so they will give
fake audit of balance sheet and profit and loss of private
companies for earning the money. This will led to high bank
frauds and NPA.
 Increases of No. professionals in India and less employment.
 Poor Accuracy of Financial work.
 Fake figures.
 Increase in suicide cases.
 Future of Chartered Accountancy Course will gone black.
Practical will be vanished.
Digitalisation in Article-ship in ICAI course (Work from Home)
 Setup of office and digital workspace.
 Setup of secured database server.
 Recruitment of unemployed CA from Pan India.
 Establishing a contact and make a contract with private
limited, limited and other NBFC and banking firms for audit.
 Recruitment of CA articles from Pan India.
 The setup of highly secured remote server is done on CA and
its articles.
 The firms will share the data to our secured server which is
run by NIC or other government approved server.
 The data is shared further on CA and its articles for audit.
 The CA guides its articles on teams give them training online.
 No need of office only required the one Head office for our
company structure which was set up in Mumbai.
Digitalisation in Article-ship in ICAI course (Work from Home)
 Setup of office and digital workspace.
 Setup of secured database server.
 Recruitment of unemployed CA from Pan India.
 Establishing a contact and make a contract with private
limited, limited and other NBFC and banking firms for audit.
 Recruitment of CA articles from Pan India.
 The setup of highly secured remote server is done on CA and
its articles.
 The firms will share the data to our secured server which is
run by NIC or other government approved server.
 The data is shared further on CA and its articles for audit.
 The CA guides its articles on teams give them training online.
 No need of office only required the one Head office for our
company structure which was set up in Mumbai.
 Our channel partners NIC, Microsoft, Google and UIDAI.
1. Increase in Employment.
2. Increase in National Income.
3. Increase in Per capital Income.
4. Reduction in Bank Frauds and NPA.
5. Reduction in reporting of fake figures of business.
6. Reduction in suicide cases due to unemployment.
7. Increase the concept of work from home which was earlier
experimented during COVID-19.
8. Reduction in Cases of dummy practical training.
9. Reduction of traffic in Major Metro cities like (Delhi,
Mumbai and Bangalore).
10. Increase Government Treasury.
11. Better knowledge and understanding.
12. Monitoring of data at government centres will helpful for
identification.
13. One fixed and better stipend to Articles and CA which is
applicable in Pan India.
1. Physical Contact will removed.
2. More dependency on computer system.
3. Communication error due to internet failure.
4. Private CA firms business got affected due to this.
Our company is incorporated under companies Act,
1956 in the name of M/S Singh Consultancy Service
(India) Pvt Ltd. under two director’s.
1. Rahul Singh Age 29 years (M.COM. B.ED UGC
Cleared) with 11 years of work experience as
accountant.
2. Ravinder Singh Age 50 years (B.COM) running
business from last 20 years.
Funding Requirement:
We required a initially funding of Rs.3 crore
(Rupees Three Crore) in Tranches of Rs.50 lakhs for
starting up this business under Edu.Tech. scheme
for business setup for young entrepreneur.