Search: Search
Follow us
Home  |  e-Services  |  e-Sahaayataa  |  Feedback  |  Contact Us  |  Web Mail 
Clarification on Chartered Accountants acting as Direct Selling Agents (DSA) - Ethical Issues Involved

As you are aware that various Companies are appointing Chartered Accountants as their Direct Selling Agents (DSA) and this is an emerging area of professional opportunities for the members.

We may inform you that the Committee on Ethical Standards (CES), a non-standing Committee of the Institute, considered the matter in great details and was of the view that one has to see the ethical issues involved while acting as Direct Selling Agent (DSA) and decided that:

  1. A member in practice is not permitted to market any specific product.

  2. He may verify credit card credentials.

  3. He may provide services that are in the nature of verification etc. which are in the nature of assurance services.

  4. He may provide services which are in the nature of Management Consultancy & Other Services and can perform all those services which a Chartered Accountant can provide.

Members are requested to keep in mind the aforesaid decision of the Committee while acting as Direct Selling Agent (DSA).

    BoS Knowledge Portal
    BoS Announcements
    Become an Accounting Technician
    100 hours IT Training
    Career Counselling Presentation - 2013
    Know Rules & Regulations
    Post-Qualification Courses
    Generously Contribute to CABF
    Know the CPE Hours credit status
    Member Card (Trace a Member)
    Member Fee Details
    Become Examiner with ICAI
    Other Imp. Links
    Understand benefits that you get
    Register as an employer
    Upload Jobs & Training Assignments
    Review CVs
    Shortlist Applications
    Search for Professional Assistance
    Download Standards
    View Notifications
    Look up Guidance Notes & Interpretations
    Find Publications
    Free Download - Publications
    Visit the e-library
    Committee Pages
    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
    Web Counter: web counter