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Ca final audit

10 April 2015

Are there any discrepancies in answers as per practice manual and as per surbhi bansal mam's audit book? As I noticed few in professional ethics, so which one should be referred?

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7 Replies

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 10 April 2015

I dont have surbhi but go as per PM's answer n presentation.

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simran agarwal (abc) (52 Points)
Replied 10 April 2015

Actually am not very sure whether the issue is correctly dealt with in pm.. The question was whether a practicing chartered accountant can enter into partnership with an advocate?

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 10 April 2015

No he cant...see the same question in pm question number 1(d).

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 10 April 2015

In some authors book, they said yes. Mine padhuka...here they said yes, they can enter because for the purpose of clause 4 of part One of first schedule..advocate professional has been notified by icai council and central government for entering into partnerships. Further it could be depends on nature of the agreements. So give conclusion as provided in pm only, if such questions comes.

simran agarwal (abc) (52 Points)
Replied 10 April 2015

Yeah right.. Its the same question. Even in Surbhi bansal they said that he can enter into partnership so i was confused... Anyways thanks for the suggestion.