Can aca be partner in other firms?

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ravi (Querist)
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11 June 2016 Hi All,

My query: Can ACA be partner in other firms?
If yes, is there any limit?

Can i apply bank audits from both the audit firms?

For eg: I joined as a partner in ABC & Co., XYZ & Co., can i apply bank audits from both the firms?
Is there any bar on empanellment for bank audits?

Looking forward to hear reply from experts...

Thanking you in advance.

Regards,
Ravi Sharma

Sathish M

Sathish M (Expert)
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12 June 2016 Yes, one can be a partner in other firm. But, if you apply for Empanelment, let us say through your proprietary firm then you will not be eligible for empanelment both in your own firm name and also the firm where you became partner.