Part time Job with full time CoP

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A Chartered Accountant, also pursuing CFA qualifications, is considering a part-time fund accounting role with US working hours. They are concerned about this impacting their full-time practice and whether they need to end their practice or obtain a Part-time Certificate of Practice (CoP). The general advice is to seek permission from the ICAI, as engaging in other occupations alongside practice typically requires their approval. While directorships are commonly granted, the chances for other roles depend on the specific circumstances, and it's advised to try seeking permission regardless.

Tarun Khanna

Tarun Khanna (Querist)

11 June 2025 Hi, I m a full time practicing Chartered Accountant, along with it I m pursuing CFA Level 1 & 2 cleared. Recently, I m offered a good opportunity related to Fund Accounting with US working hours (6PM to 3AM), which is a part time job in a way. However, I've no plans to end my practice or obtain Part time CoP S it would harm my practice. Is there any solution?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

12 June 2025 To pursue a part-time job while practicing as a Chartered Accountant (CA), you'll need to obtain specific permission from the ICAI. This is because engaging in any other business or occupation alongside practice, as defined by the ICAI, requires permission.
Seek permission from the Institute you will get it.

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Tarun Khanna

Tarun Khanna (Querist)

12 June 2025 Ok Thank You Sir,
But what are the chances that the request will be granted in my case, as I heard ICAI only grants specific permission for cases of Directorship in a Company

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

13 June 2025 US working hours is different any how try to seek permission.

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