Part Time vs Full Time COP
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2011
Can anyone please let me know the difference between Part Time Certificate of Practice (COP) and Full Time COP in respect of CA?
please reply ASAP in detail, as far as possible.
Thanks in advance....
please reply ASAP in detail, as far as possible.
Thanks in advance....
29 January 2011
Members in Part-time practice
The Council at its 241st meeting decided that effective from 1.04.2005, any member in part-time practice (namely, holding certificate of practice and is also engaging himself in any other business and/or occupation) is not entitled to perform attest function, and that the resolution passed under Regulation
190A, which is currently in force and appears as Appendix 10 to the Chartered Accountants Regulations 1988 (Appendix No. 9 in 2002 Edition), be reviewed by the Executive Committee, in the light of the above decision.
For Getting COP, Apply in Form No. 6 with ICAI. In the form you just mention the details of your occupation.
Also in case you have not obtained previously the permission for prcatice, then application for permission should also be enclosed with the form.
Here is the link for Form 6 and application for permission >
https://icai.org/resource_file/13294form%206_final.pdf
https://icai.org/resource_file/8606onfo_form_appli.doc
Also, with Part Time COP, you are not allowed to aattest, certify or sign any report which requires signature of a PCA. It means, you can't do tax audits, stautory audits or certify anything as a practicing CA.
The Council at its 241st meeting decided that effective from 1.04.2005, any member in part-time practice (namely, holding certificate of practice and is also engaging himself in any other business and/or occupation) is not entitled to perform attest function, and that the resolution passed under Regulation
190A, which is currently in force and appears as Appendix 10 to the Chartered Accountants Regulations 1988 (Appendix No. 9 in 2002 Edition), be reviewed by the Executive Committee, in the light of the above decision.
For Getting COP, Apply in Form No. 6 with ICAI. In the form you just mention the details of your occupation.
Also in case you have not obtained previously the permission for prcatice, then application for permission should also be enclosed with the form.
Here is the link for Form 6 and application for permission >
https://icai.org/resource_file/13294form%206_final.pdf
https://icai.org/resource_file/8606onfo_form_appli.doc
Also, with Part Time COP, you are not allowed to aattest, certify or sign any report which requires signature of a PCA. It means, you can't do tax audits, stautory audits or certify anything as a practicing CA.
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