The Institute of Chartered Accountants of India (ICAI) has introduced the Chartered Accountants (Amendment) Regulations, 2021, which includes a revised Form 18. This updated form is used to declare particulars of offices and firms. A significant change is the allowance for multi-disciplinary partnership firms, permitting Chartered Accountants (CAs) to partner with professionals such as CMAs, CSs, advocates, engineers, architects, and MBAs.
The Institute of Chartered Accountants of India has notified the Chartered Accountants (Amendment) Regulations, 2021 wherein, a revised Form 18 has been released, which intimates the Particulars of Offices and Firms. Under the amended form, ICAI has allowed Multi Disciplinary Partnership Firms toget
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FAQ :
The ICAI has amended the Chartered Accountants Regulations, 1988, by introducing a revised Form 18, which relates to the particulars of offices and firms.
Form 18 is used to intimate the particulars of offices and firms.
The revised Form 18 now allows for multi-disciplinary partnership firms.
Under the amended regulations, CAs can partner with CMAs, CSs, advocates, engineers, architects, and MBAs.
The Chartered Accountants (Amendment) Regulations, 2021, came into force on the date of their publication in the Official Gazette.