In a recent development the ICAI has asked the members to make the disclosures related to fees. As per the requirement of code of ethics of ICAI, the members are required to make some disclosures related to their highest paid clients.
In accordance with the provisions of revised paragraphs R410.3a and R410.4 of
Volume-I of Code of Ethics, where the Fees related disclosure is to be made to the Institute, the CA firm shall make the disclosure in the prescribed form duly filled and signed. The form will be sent to Ethical Standards Board via email by CA Firm.
The Form prescribed for making the above disclosure is appearing below.
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