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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2013 As per CODE OF ETHICS Chartered Accountants cannot pay any share out of his emoluments:

Professional Misconduct in relation to Members of the Institute in Service:
Clause (a) - Member in employment of a company, firm or person prohibited from paying or allowing or agreeing to pay or allow directly or indirectly to any person any share in his emoluments.

I want to know that, I being a CA not holding COP if goes to employment consultancy, I am required to pay a part out of my first salary as commission after I got job from that consultancy, Whether such payment by me will be considered as misconduct as per above clause?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 December 2013 The ans is yes as u will be bounded by above provisions and u will be guilty of misconduct as the above clause applies to member is service.

Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2013 Then if I didn't get placed in campus placements organised by ICAI, What options are open to me to get good Jobs

Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2013 And What if I pay such amount as registration fees in such consultancy before getting job?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 December 2013 registration fees are diff from sharing of emoluments from servcies, then it wont get attracted.

Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2013 Thank u so much sir!!!!!!
I was very worried regarding this.
Thank u