Code of Ethics, 2009

CODE OF ETHICS
A Chartered Accountant used the designation ‘Industrial and
Management Consultant’ in addition to the designation ‘Chartered
Accountant’ on printed circular sent to a stranger. Held, he was
guilty of professional misconduct under the clause.
(B.S.N. Bhushan in Re: - Page 989 of Vol.IV of the Disciplinary
Cases-decided on 11th and 12th January, 1965).
A Chartered Accountant wrote several letters to Government
Department, inter alia, pointing out seniority of his firm, sending his
life sketch and stating that he had a glorious record of service to
the country as well as to the organisation of accountancy
profession with a view to get the audit work. These letters were
clearly in the nature of advertising professional attainments. - Held,
he was guilty of professional misconduct under the clause.
(Sirdar P.S. Sodhbans in Re: - Page 1022 of Vol. IV of the
Disciplinary Cases - decided on 13th and 14th March, 1969).
Where a Chartered Accountant in his firm’s letter head had used
the designation ‘Manager (Liaison & Sales)’. Held that he was
guilty under clause (7) of Part I of the First Schedule.
(Bijoy Kumar in Re: - Page 69 of Vol. VII(2) of the Disciplinary
Cases – Council’s decision dated 16th September, 1991).
Where a Chartered Accountant had issued two insertions in a
Journal published by a Chamber of Commerce offering various
services and expressing his willingness to offer the concession in
respect of all services offered by him. Held that he was guilty under
clauses (6) & (7).
(N.O. Abraham Isaac Raj in Re: - Page 117 of Vol.VII(2) of
Disciplinary Cases – Council’s decision dated 9th to 11th April,
1992).
Where a Chartered Accountant had addressed a letter to the
Managing Director of a Company offering his services as a
practising Chartered Accountant and giving impression that the
letter had been addressed to more than one organisation for the
above purpose, it was held that the member had contravened the
provisions of clauses (6) & (7).
(Yogesh Gupta in Re: - Page 400 of Vol.VII(2) of Disciplinary
Cases - Council's decision dated 23rd & 24th February, 1996)
Where a Chartered Accountant had used the designation and
expression other than the Chartered Accountant, mentioned his
experience as General Manager of a Cooperative Bank, expressed
160