Cop

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2012 Sir,
Q.1 Whether a CA who is in employment under a CA FIRM cab hold COP and do attest function.???
Q.2 Whether i will be considered as i am in practice if i do job in ca firm and do not hold COP?
Q.3 what will be the effect on FCA if i) I do job in ca firm and hold COP.?ii) I do job in ca firm and do not hold COP?.

kindly reply...

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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31 July 2012 1- yes , not
2- ????????????
3- for getting fca tag you have to hold cop for 5 years

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2012 Whether i will be considered as "i am in
practice" if i do job in ca firm and do not
hold COP?

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2012 Whether i will be considered as "i am in
practice" if i do job in ca firm and do not
hold COP?

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2012 What if i am holding full time cop and now i want to do job in ca firm? In that case whether i have to convert full time cop into part time?

What is the procedure to convert full time cop into part time cop?

Amol S Joglekar

Amol S Joglekar (Expert)
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31 July 2012 This is dependent on your employer. If employer agrees, you amy hold full time COP subject to conditions of ICAI. Like recently ICAI has clarified that a professor can hold full time COP. This has facilitated many CAs serving as professors to do attest function. (This has also resulted in STOMACH ache in other non ca professors)

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2012 What if i am employed for whole time CA???

Amol S Joglekar

Amol S Joglekar (Expert)
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31 July 2012 That is what I was trying to aim at.... CA(Employer) shall decide as per the terms and conditions of the employment. You can not compell him to allow you to be in full time practice as well as in employment. The demand and supply cycle normally decides such ratios.

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