part time cop conditions

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Dear sir,

Can anybody let me know what are the conditions for applying for  Part Time COP (certificate of practice). Can a chartered accountant doing job in industry in full time get Part time COP ?

 

Thanks in advance

CA Devanand Jethanandani

Replies (45)

yes a chartered accountant doing job in industry in full time get Part time COP.  But part time COP holder can not certify,attest any document.

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.

After having part time COP can one do partnership with a CA holding full time COP?

Originally posted by : niki_1079

After having part time COP can one do partnership with a CA holding full time COP?

Yes it is possible.

Is a part time cop holder eligible for fellowship of the icai after 5 yrs of holding of part time cop and can a part time cop holder enter into partnership with a full time cop holder along with being in full time employment?Being in full time employment can a ca get a full time cop?

Originally posted by : CA Vidhi Jain


Is a part time cop holder eligible for fellowship of the icai after 5 yrs of holding of part time cop and can a part time cop holder enter into partnership with a full time cop holder along with being in full time employment?Being in full time employment can a ca get a full time cop?

1. yes u can be fca fater 5 yrs

2. yes you can enter into partnership 

3. bt cant get full time practice cop... cop is jst a cop its not part time or full time .. bt if you r in full time employement than you cant get cop which enables u to perform attest, certfy functions...

 

Regards-CA Lokesh Pokharna

 

 

thanx,can u tell me wat all functions i can perform while holding a part time cop...in some of the comments regarding this query it is stated that attest functions cannot be performed,so can u plz guide me and elaborate the functions that i can perform if  iapply for a part time cop?

@ vidhi-- benefit of part time cop holding is only that you will be convert in fca after 5 years..(as per me) & second is tht u cn b a partner in any firm.....

i dont know if there is any more benefit of d such holding.

 

 

what all are the requirenments to apply for part time cop and what is the required fees

Hi All,

Is it compulsory on surrendering of COP to discontinue the name of the firm incase of properitorship? If yes Can the properitor continue with the same firm name under part time COP?

a c.a. who is in employment can apply for part time cop but my wuestion is that  , can c a havinig part time cop appear before income tax or sales tax or any other authority as a authorised representative ? can he issue invoice for such work ? please inform me .

Originally posted by : CA Vidhi Jain

what all are the requirenments to apply for part time cop and what is the required fees


requirement is just that you should send all particulars regarding your job & apply in form no. 6..

Originally posted by : madhabhai

a c.a. who is in employment can apply for part time cop but my wuestion is that  , can c a havinig part time cop appear before income tax or sales tax or any other authority as a authorised representative ? can he issue invoice for such work ? please inform me .


i think yes .. because its not require any attest function...

I am a CA ,I WORK AS AN EMPLOYEE IN MY DADS OFFICE CAN I APPLY FOR part time cop and become a partner with a person having full time Cop. If yes what all is to be done by me.


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