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CA in practice can act as a contracting consultant?

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 January 2010 Can a Chartered Accountant in practice take up an assignment with an MNC as a consultant? However he/she would not be as an employee of the company but would work on a contract basis. Would this be against the Code of Professional Ethics?
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Ankur Garg

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Ankur Garg (Expert)
26 January 2010 Yes a Chartered Accountant in practice take up an assignment with an MNC as a consultant. But remember there are 2 pre-conditions:

1. You should not be on roll of the company for salary purpose.

2. Employee status == not allowed.

All the Best
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