Personal finance planning - practise area for ca?
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 May 2012
Friends,
Can a CA holding COP take up personal finance planning of individuals as practise area?
There are CFP [Certified Finance Planners] & many other foreign-based qualified professionals who offer these services, but there seems to be nothing to stop a practising CA from this function.
Apparently the answer is Yes, since this would fall in domain of finance consultancy, but wanted to confirm.
Thanks in advance.
Can a CA holding COP take up personal finance planning of individuals as practise area?
There are CFP [Certified Finance Planners] & many other foreign-based qualified professionals who offer these services, but there seems to be nothing to stop a practising CA from this function.
Apparently the answer is Yes, since this would fall in domain of finance consultancy, but wanted to confirm.
Thanks in advance.
21 May 2012
Hi,
Yes you are right. CA can practice on Personal Finance planning. Since there are no binding requirements on signing any personal finance planning documents, any freelancer having expertise can do this for a fees.
Rgds
Srinivasan
Yes you are right. CA can practice on Personal Finance planning. Since there are no binding requirements on signing any personal finance planning documents, any freelancer having expertise can do this for a fees.
Rgds
Srinivasan
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- GST on reimbursement of expenses
- Visiting card purchase
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Whether output tax is taken credit by purchaser
- Additional trade name
- Wrong CMPo8 file
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
