CA. Rajesh P. Ahir (In Service @ PSU) (687 Points)
15 September 2011Dear All,
What is Deference between Full time and Part Time COP. Whether member in full time Service can apply for Part-time COP.
Thanks
Brijesh
(Chartered Accountant)
(56 Points)
Replied 15 September 2011
When you are in full time employment and you apply for COP you will get Part Time COP from the institute. However, Part time COP has no value for Chartered Accountant. You will not get any signing power. However, as soon as you cease to be employment you can just inform Institute to update the status of your COP to Full time.
CA CMA CS VIRAG SHAH
(9773395720)
(759 Points)
Replied 15 September 2011
Brijesh
(Chartered Accountant)
(56 Points)
Replied 15 September 2011
It is of no use... You only pay COP fees to the institute... One benefit I can tell you is that you can enter into partnership firm or you can setup your own firm as well... However, you will not enjoy any signing powers... You can't sign audit reports nor u can do any certification work...
CA CMA CS VIRAG SHAH
(9773395720)
(759 Points)
Replied 15 September 2011
Brijesh
(Chartered Accountant)
(56 Points)
Replied 15 September 2011
Don't know... I am telling you from what i did in past...
Ashish Mittal
(Service)
(78 Points)
Replied 16 September 2011
sir
by obtaining part time COP for specified period of time, can we obtain FCA status
CA Rahul Jain
(CA)
(1162 Points)
Replied 16 September 2011
cop is not required (whether part time or full time) to be fca. To be an FCA, you shall be the member of the ICAI for 5 years.
Ashish Mittal
(Service)
(78 Points)
Replied 16 September 2011
that means member's in service after 5 years if they start practise they can directly be called as FCA ?
Ashish Mittal
(Service)
(78 Points)
Replied 07 October 2011
can u please illustrate for attaining FCA status...Thanks
ej
(ACA)
(24 Points)
Replied 30 November 2011
thanku for valid information, but i want to know one more thing and too urgently that i want to convert my part time cop to full time , is there any precribed form for this or not , or it simply requires a simple application informing that i have resigned from my previous job, thanx
Brijesh
(Chartered Accountant)
(56 Points)
Replied 02 December 2011
CAclubindia
