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Q. Can a chartered accountant in practice agree to select and recruit personnel , conduct training programmes and work studies for and on behalf of client?
A. Yes, the ‘ Management Consultancy and other Services’ as specified by the Council includes both, personnel recruitment and conduct of training programmes and work studies. As such, the same are permitted for a chartered accountant in practice.

Q. Whether a member can act as insurance agent and arrange business for the Insurance Companies?
A. No, a member in practice is permitted to render Insurance Financial Advisory Services only. It is not permissible to a member to do any kind of marketing and business procurement for any insurance company. Their services are limited to professional services in the form of advisory and consultancy services.

Q. Whether Code of Ethics is applicable outside India?
A. The Code of Ethics of the Institute is applicable to all the members , even outside India.

Q. Can a chartered accountant in practice allow any person to practice in his name as a chartered accountant ?
A. No, a chartered accountant in practice is prohibited to allow any person to practice in his name as a chartered accountant unless such person is also a chartered accountant in practice and is in partnership with or employed by him.

Q. Can a chartered accountant in practice secure any professional business through the services of a person who is not his employee or partner?
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.

Q. Whether a member in practice is permitted to respond to announcement for empanelment for allotment of audit and other professional work and quote fees on enquiries being received?
A. It has been clarified by the Council that if announcements are made for empanelment by Government, Corporations, Courts, Cooperative Societies, Banks and other similar Institutions, the members may respond to such announcements provided the existence of panel is within their knowledge. The Council has further clarified that the quotations of fees can be sent if enquiries are received by the members in this regard.

Q. Whether a member in practice is permitted to have his name published in Telephone Directory?
A. Yes, a member in practice is permitted to have his name published in the Telephone Directory subject to certain conditions :-
  • The entry should appear in the section/category of “Chartered Accountants“.
  • The member/firm should belong to the town/city in respect of which the directory is being published.
  • The entry should be in normal type of letters. Entry in bolder type or abnormal type of letters or in a box is not permissible.
  • The order of the entries should be alphabetical and logical.
  • The entry should not appear in a manner giving the impression of publicity/advertisement. Entry should not be given in a manner which gives prominence to it as compared to other entries.
  • The payment, if any, for the entry should not be unreasonable.
  • The entries should not be restricted and should be open to all the chartered accountants/firms of chartered accountants in the particular city/town in respect whereof the directory is published.
  • Subject to the above conditions, the members can also include their names in trade directories which are published and/or otherwise available such as electronic media e.g. Internet, telephone services like “Ask Me Services“ etc.
Q. Can a member in practice indicate in a book or an article, authored /contributed/published by him, his association with any firm of Chartered Accountants?
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?
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.

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