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The Institute of Chartered Accountants of India

(Set up by an Act of Parliament)

CA India

Ethical Standards Board

ESB - Clarifications

  1. Clarification for Members Regarding requirement to register as Investment Adviser (IA) with SEBI
  2. Consent for appointment not to constitute acceptance of Audit.
  3. Issuance of Advisory on use of designation "Chartered Accountant" or prefix "CA" by members while expressing views on professional/non-professional matters publicly including on social media. - Note
  4. Clarification with regard to Chartered Accountants in Practice/Firms of Chartered Accountants registering themselves on GeM (Government e-marketplace) Portal
  5. Continuing Audit in case of pending Fees of earlier year(s)
  6. Clarification on a member in practice being a Karta of a HUF making investment.
  7. Clarifications on some commonly asked queries pertaining to elected representatives of ICAI and the general members of ICAI
  8. Clarification on Concurrent Auditor undertaking the assignment of Quarterly Review.
  9. Clarification on Tax Audit Assignments
  10. Clarification on acting as recovery consultant in Banking Sector
  11. Clarification on Sharing of Fees with Government
  12. Clarification regarding (1) Listing with bodies creating data-base for independent directors of Chartered Accountants and (2) Acting as E-Intermediary.
  13. Clarification on Chartered Accountants acting as Direct Selling Agent (DSA)- Ethical issues involved.
  14. Clarification regarding transfer of Goodwill of Chartered Accountant Firms
  15. Clarification on whether the Auditor of a Subsidiary Company can be a Director of its Holding Company.
  16. Clarification on the Appointment of an auditor in case of indebtedness.