Specifically, I have the following queries with reference to Chartered Accountants Act :
1. Is trading in shares considered "other business"? When is it not considered "other business"?
2. Will obtaining permission by a CA holding COP to engage in other business (like trading goods, wholesale, restaurant, trading derivatives, etc.) make the applicant ineligible to perform attest functions (audit, signing as CA, etc.)?
3. Can a CA not holding COP or holding part-time COP engage in other business (like trading goods, wholesale, restaurant, trading derivatives, etc.) without performing any attest functions?
4. Can a CA not holding COP or holding part-time COP engage in consultation, tax advisory services, filing services, etc. without performing any attest functions?

how i get approval of a new company

Can a chartered accountant lend money? If they do so by asking their spouse (who is not a qualified CA) to lend money to a firm for which he himself is an auditor and the spouse too is working for that firm performing the audit and routinely does consultancy for the firm to whom the money has been lent - is that a conflict of interest? Also, if both the CA and spouse (non CA) share a joint bank account and are also collecting the audit fees and the interest on the loan in the same bank account from the same firm - does that make the lender and the auditor one and the same person (there is apparently no firewall)?

Are there any violations that have been committed? What is the nature of the violations? What is the punishment under ICAI?

Dear Experts,

If Auditor signs Financial Statements of a proprietorship without his ICAI Membership No. & Firm Registration No. , can as a third party, I should view these financial statements not audited or invalid.

Ar ICAI members required to mention their Membership No. & Firm Registration No. everywhere they sign in their capacity as a practising CA. Where is this statutory requirement mentioned?

I am a newly qualified CA.

Me and Other 2 Friends thinking over to start partnership firm all at different places/states.
Karnataka
Maharashtra
Goa

2 of us Recently Registered as Member of ICAI
1 of us is having a membership & proprietorship firm since 2016.

We will be having our own practice in our places, making Partnership just to Gain more work(Like Bank Audits, PSU Audits, Tenders etc)

Will making Partnership Firm give us Edge over Grabbing Work? Also What more we gain when we do Partnership over Proprietorship?

Respected sir,
I have got my membership number and my cop status is also active on new ssp portal but firm name is not allowed to me till now. can i sign any audit report or not with my name..?

Dear Experts,

Please clear my doubt as detailed below

Sir My Completed service for gratuity calculation is 9 years 6 months 3 days.my query is can i consider it 9 years or 10 years to calculate gratuity and please provide any rule copy for the same

Dear Experts
What will be the consequences when a CA Firm having two partners and one partner resigns?. Whether the firm can continue as a proprietary firm with same PAN or the continuing Partner register as a fresh one with ICAI and and obtain Firm Registration Number?.Kindly advice

Hey Experts,

Kindly let me know, if a CA in practice can issue property valuation report(valuation on immovable property ie., land and building). Also give references if any one aware of it.

Dear Sir,

My query is little technical to answer.

My father expired few days back who was a practicing Chartered Accountant. I was working with him and was handling all the accounts and other activities in the firm. I am not a Chartered Accountant.

The partnership firm comprised of 2 persons so it has become necessary for me to appoint a new partner in the firm.

I have got a CA who is ready to join the firm. My query is, what kind of agreement shall I make with the new partner so that my source of income remains safe and he cannot take my existing clients to his own firm, incase he desires to do so.

I am facing a lot of difficulty at the moment in deciding to admit the new partner and want to do the paper work correctly so that no one can take away my existing clients as my dad took many years to build them.

Please help.

Regards,
Divyesh Jain