Prof Ethics - Schedule I

Question 1

Clause 1 of Part I of Schedule I

Answer 1

Allows any person to practice in his name as CA unless such person is also CA partner or CA employee

Question 2

Clause 2 of Part I of Schedule I

Answer 2

Pays or allows or agrees to pay/allow any share/commission/brokerage in fess or profits of his professional business to any person

Question 3

Clause 3 of Part I of Schedule I

Answer 3

Accepts or agrees to accept any part of profits of the professional work of a person not a member of the institute

Question 4

Clause 4 of Part I of Schedule I

Answer 4

Enters into partnership in or outside India with any person other than given

Question 5

Clause 5 of Part I of Schedule I

Answer 5

Secures any professional business through the services of not an Employee/partner / any means not open to CA

Question 6

Clause 6 of Part I of Schedule I

Answer 6

Solicits clients or professional work by circular/ads/ personal communications/by any other means

Question 7

Clause 7 of Part I of Schedule I

Answer 7

Advertises his professional attainment or services/ uses any designation other than CA on professional docs, visiting cards , letter heads or sign boards

Question 8

Clause 8 of Part I of Schedule I

Answer 8

Accepts position as Auditor , previously held by another CA without first communicating to him in writing

Question 9

Clause 9 of Part I of Schedule I

Answer 9

Accepts an appointment as auditor of co. without ascertaining compliance of Sec. 139, 140 in respect of such appointment

Question 10

Clause 10 of Part I of Schedule I

Answer 10

Charges or offers to charge , Accepts or offers to accept for professional employment fees based on % of profits or contingent upon findings or results of such employment

Question 11

Clause 11 of Part I of Schedule I

Answer 11

Engages in any business or occupation other than CA unless permitted

Question 12

Clause 12 of Part I of Schedule I

Answer 12

Allows a person not being a member of institute to practice or a member not being his partner to sign on his behalf or on behalf of his firm FS

Question 13

Clause 1 of Part II of Schedule I

Answer 13

Pays or allows or agree to pay any person any share in emoluments of the employment undertaken by him

Question 14

Clause 2 of Part II of Schedule I

Answer 14

Accepts or Agrees to accept any part of fees, profits or gains from a lawyer, CA or broker engaged by co/firm/customer by way of commission or gratification

Question 15

Clause 1 of Part III of Schedule I

Answer 15

Not being a fellow of ICAI act as fellow

Question 16

Clause 2 of Part III of Schedule I

Answer 16

Does not supply info called for or does not comply with the requirements asked for by Institute or Council or any of its committees( disciplinary/ QRB/appellate)

Question 17

Clause 3 of Part III of Schedule I

Answer 17

While inviting professional work from other CA/ responding to tenders/queries/advertising through writeup gives info knowing to be false

Question 18

Clause 1 of Part IV of Schedule I

Answer 18

guilty of any civil or criminal court for offence punishable with imprisonment for term not exceeding 6 months

Question 19

Clause 2 of Part IV of Schedule I

Answer 19

Brings disrepute to profession or ICAI as result of his action whether / not related to professional work