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Member in charge of two firms

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3 Points Posted on 17 March 2019
can a chartered accountant having COP in charge of the head office of a partnership firm of chartered accountants, start practicing as a sole proprietor by getting another FRN? i e simultaneously being in charge of the head office of the partnership firm and the sole proprietorship.
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On 17 March 2019 at 07:59 Report
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7558 Points Posted on 17 March 2019
yes he can.but the aggregate number of audits shall not exceed the prescribed limit laid by ICAI for both the firms.
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On 17 March 2019 at 08:45
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7059 Points Posted on 17 March 2019
thank you and congratulations
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On 17 March 2019 at 11:14
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3 Points Posted on 17 March 2019
My name is given as the "member in charge" of the partnership firm, that's why I'm confused about having a new FRN as a proprietorship?
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On 17 March 2019 at 12:43


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