Professional ethics for Chartered Accountants

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nitin singh (Querist)
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03 March 2009 dear Sir, my friend is pursuing his training under a CA, the CA undere whom he is getting training is not fully in practice, but he registered himself as a practicing CA, but actually he is managing the portfolio of a broking company.

He tells others that he is only a consultant of that broking firm, but he is authorised signatory for the payment of all the expenses made and he makes sign on the cheque on behalf of that firm. he gives the Cheques for the stipend to his articles from the expenses account of that broking firm.

My friend is forced to work for that broking firm, as per the order of that CA, he is not getting any knowledge of the fields of Taxation And Audits.

Dear sir i want to know that the working of that CA is legal as per the professional ethics of ICAI, if the working of Ca is not as per the professional ethics of ICAI, what will be the position of the articles of that CA. my friend has been completed two years of training under him.

I want to know that what will be the process of get rid of from that CA, because he refusing to give transfer to him.

Waiting for the solution of that problem.

Thanking You.

CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)
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03 March 2009 Dear Nitin, if that CA is doing so many taska against ethics, then it is sure that he will be doing it with due care. You shall be unable to prove anything against him on papers. So better is that u request him to give transfer. This is the only option. Raising disputes against him will not solve ur purpose other then unwanted killing of time. Its my personal view. Decision is yours.

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