Friday, January 18, 2008
CHARTERED ACCOUNTANTS,
Some major changes are all set to get an image makeover from the Institute of Chartered Accountants of India (ICAI).
The statutory body has relaxed the code of conduct for C.A.s working in the country.
The new guidelines will be effective from April 2008.
As per the new protocol, the CA s will be able to give the details of their work profile on their visiting cards ad also promote the same through the media.
It will be mandatory for them to use a logo to be given by ICAI on their visiting cards, vehicles and their offices,
That is not all.
A new dress code – blue colored blazer and a tie will also come into effect from April this year.
The reasons are simple to understand.
Domestic Indian firms are in the danger of being swamped by multinational giants whose size and brand name give them tremendous clout.
Unlike Indian CA firms, foreign firms who do not have any protocol that restricts their CA s from putting up ads in the paper or mentioning their work profile on the visiting cards.
However, now that the Indian markets have given way to multinationals, ICAI has been forced to revise its code of conduct, the new guidelines also give domestic CA s liberty to work in multinational companies in India and abroad.
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