Benefits of having partial COP and doing full time Job ?
This query is : Resolved
Quick Summary
10 June 2024
Hello everyone
I am practicing CA since 12 years. Due to some financial issue I am joining a full time employment. 5 days working. I have my team managing things for me since audit work is negligible.
I had joined a job on professional basis and was able to manage both easily although it was 6 days working job.
This new company is an MNC and have due diligence procedures where they can easily find out and in that case I will be terminated. I have received the offer letter and have not yet joined.
I don't want to loose good additional income from practice by just working 1 day a week. Also in future I have intention to practice but right now job is equally important.
What should I do now ?
I have heard about part time COP but don't know how it can help me ? Whether I can keep my firm name although I cannot perform attest function
I am practicing CA since 12 years. Due to some financial issue I am joining a full time employment. 5 days working. I have my team managing things for me since audit work is negligible.
I had joined a job on professional basis and was able to manage both easily although it was 6 days working job.
This new company is an MNC and have due diligence procedures where they can easily find out and in that case I will be terminated. I have received the offer letter and have not yet joined.
I don't want to loose good additional income from practice by just working 1 day a week. Also in future I have intention to practice but right now job is equally important.
What should I do now ?
I have heard about part time COP but don't know how it can help me ? Whether I can keep my firm name although I cannot perform attest function
13 June 2024
Select a newly qualified CA and ask him to take care of your firm with COP.
You can support him during Sunday's.
You can support him during Sunday's.
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