Part time cop- firm name board allow or not?????

Page no : 2

CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
Replied 27 September 2012

part time cop holder partner wont get any sharing, becuase he business cant be done on his name ..

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CA Pooja Agarwal (Chartered Accountant) (3228 Points)
Replied 27 September 2012

so we cant use the prefix ACA or FCA if we are not holding COP?

CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
Replied 27 September 2012

Hmm ..Dont know abt ACA,

but if we not hold COP for 5 years than can't use FCA......

Arif Ali (Apt Co Advisory) (1230 Points)
Replied 27 September 2012

Part time COP holder can become only a partner in a Partnership firm. Nowadays ICAI is not issuing the part time COP. However it is not restricted in CA Act. You can apply for part time cop, but insititute will not issue the part time cop.

Part time cop holder cannt take any statutory audit in his own name. n also u cannt open ur own prop firm. It is just only to add the number in partners of partnership firm.