Penalty clause

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Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2010 Hi,

Can a chartered accountant accept assignment of outsourcing which had a penalty cluase?

srinath

srinath (Expert)
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23 July 2010 wat type of assignment..... can u pl tel in detail

Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2010 It is related to AR outsourcing project where AR management will be done by chartered accountant.

srinath

srinath (Expert)
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23 July 2010 there is no bar in accepting the one which has penalty clause.. but should look for professional ethics to see whether this businss can be carried by CA

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