Search: Search
Home  |  e-Services  |  Feedback  |  Contact Us  |  Web Mail
Status of In-charge of Head office or branch of Chartered Accountant Firm. - (16-08-2011)
ICAI has considered the issue regarding status of In-charge of a Head Office of a firm of chartered accountants or its Branch Office and clarified that- “A member designated In-charge of an office of a chartered accountant in practice or a firm of such chartered accountants should be associated with the concerned chartered accountant/firm of chartered accountants as a partner or as a paid assistant, and that if such a member was a paid assistant, she/he should be in whole time employment. Such an association shall be deemed to exist if such a partner/paid assistant resides in the place where the Office is situated for a period of not less than 182 days in a year or if he attends that office for a period of not less than 182 days in a year”.

Accordingly any person other than partner/paid assistant can not be termed as In-charge of a CA firm or its branch office.
Secretary, ICAI
August 10, 2011
     
    Students
    BoS Knowledge Portal
    BoS Announcements
    Become an Accounting Technician
    e-Sahaayataa
    100 hours IT Training
    Examinations
    e-Services
    Career Counselling Presentation - 2013
     
    Members
    Know Rules & Regulations
    Post-Qualification Courses
    Generously Contribute to CABF
    Know the CPE Hours credit status
    Trace a Member
    e-Sahaayataa
    Examinations
    Empanelment
    e-Services
    Become Examiner with ICAI
    Other Imp. Links
     
    Employers
    Understand benefits that you get
    Register as an employer
    Upload Jobs & Training Assignments
    Review CVs
    Shortlist Applications
    Search for Professional Assistance
     
    Resources
    Download Standards
    View Notifications
    Look up Guidance Notes & Interpretations
    Find Publications
    Free Download - Publications
    Publications
    Visit the e-library
    Committee Pages
     
    Events
    View Committee Events
    Look up CPE Events in my location
    Sign up for an Event
    View Archived Webcasts & Webinars
    Report on an Event
    Photo Gallery
     
    Official Directory  |  Web Mail  |  Feedback  |  Contact Us
    Best viewed on screen resolution 1024x768 pixels