Can a CA do job and practice together?

Can a CA do job and practice together?

A chartered accountant is eligible to practice only if he has COP (certificate of practice). Any chartered accountant who is in full time employment, whether with the government or in private sector, is not eligible to apply for COP. So you can either be a full time employee or be a practicing chartered accountant.

Can a CA in practice do job in CA firm?

Yes. Indian CA firms allow the candidate to be a QUALIFIED PAID ASSISTANT in the CA firm, and to hold Certificate of Practice in his individual name. However, the service condition will indicate that he is a full time employee and cannot pursue any other business / profession during the employment.

Who can be a partner in CA firm?

READ ALSO:   Does your girlfriend flirt with other guys when you are dating?

(4) enters into partnership, in or outside India, with any person other than a chartered accountant in practice or such other person who is a member of any other professional body having such qualifications as may be prescribed, including a resident who but for his residence abroad would be entitled to be registered as …

Can a CA be partner?

Yes, a practicing chartered accountant can be partner in more than one CA firms. However, a practicing chartered accountant can not become partner in any business or profession other than a practice. He can also become a director simplicitior but can not act as a managing or whole time director.

Can CA in job become a partner in CA firm?

A practicing Chartered accountant can be a partner in any number of CA firms. Similarly, a Chartered Accountant, who does not hold Certificate of Practice (COP) from ICAI, can be a partner in any number of Non CA partnership firms.

Can a CA firm have a non CA partner?

READ ALSO:   What are the differences between internal and external consultants?

A. No, the CA Act , 1949 does not permit a practicing chartered accountant from securing, either through the services of a person who is not an employee of such chartered accountant or who is not his partner, any professional business.

Can I be partner in two firms?

Yes, you can become partner in all the mentioned partnership firms. But, you must remember one thing that, any of the partnership deeds must not contain the clause that “a partner cannot hold any other partner position”.

Can a non-CA partner be a partner in a CA firm?

A practicing Chartered accountant can be a partner in any number of CA firms. However, a Chartered Accountant, who does not hold Certificate of Practice (COP) from ICAI, can be a partner in any number of Non CA partnership firms.

Can a practicing Chartered Accountant be a partner in more than one firm?

Yes, a practicing chartered accountant can be partner in more than one CA firms. However, a practicing chartered accountant can not become partner in any business or profession other than a practice. He can also become a director simplicitior but can not act as a managing or whole time director.

READ ALSO:   What was the budget for the movie primer?

Can a CA member apply for work from another CA member?

A. Yes, as per CA Act , 1949 a member is permitted to apply or request for, or to invite, or to secure professional work from another Chartered Accountant in practice.

Can a member indicate in a book his association with CA?

A. No, as per CA Act, 1949, a member is not permitted to indicate in a book or an article, authored/contributed/published by him, his association with any firm of Chartered Accountants. Q. Can a Chartered Accountant in practice seek professional work from his professional colleagues?