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This document serves as a Request for Empanelment (RfE) issued by IFCI to solicit proposals from interested Chartered Accountant firms for conducting evaluations and verifications related to various
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How to fill out empanelment of chartered accountant

01
Gather necessary documents: Collect all required documents such as your professional certificate, identity proof, and address proof.
02
Fill out the application form: Obtain the empanelment application form from the designated authority or their website.
03
Provide personal details: Fill in your name, contact information, and address accurately.
04
Enter professional qualifications: Specify your qualifications, experience, and areas of specialization.
05
Attach supporting documents: Include copies of your certificates and other relevant documents as required.
06
Submit the application: Send the completed application form along with the attached documents to the designated empanelment authority.
07
Follow up: Check the status of your application periodically and respond to any queries from the authority.

Who needs empanelment of chartered accountant?

01
Chartered accountants seeking to work with government departments or public sector undertakings.
02
Chartered accountants who wish to provide their services for audit, tax consultancy, or financial advisory to eligible organizations.
03
Newly qualified chartered accountants looking to establish a presence in the industry.
04
Existing chartered accountants aiming to expand their client base while working with public institutions.
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Empanelment of chartered accountant refers to the process through which chartered accountants are registered and authorized to provide auditing and consulting services for specific organizations, firms, or governmental bodies. It serves as an official recognition of their credentials and qualifications.
Chartered accountants who wish to offer their services to various organizations, particularly government departments and public sector undertakings, are required to file for empanelment. This is necessary for them to be considered for auditing and consultancy assignments.
To fill out the empanelment form, chartered accountants must provide their professional details, such as registration number, qualifications, years of experience, details of past assignments, and any specific areas of expertise. The form typically requires providing information in a structured format and submitting it to the relevant authority or organization for approval.
The purpose of empanelment is to ensure that only qualified and capable chartered accountants are engaged for auditing and consulting assignments, particularly in the public sector. It establishes credibility and builds trust in the financial reporting process.
The information that must be reported includes the chartered accountant’s name, registration number, contact details, qualifications, experience, types of services offered, and professional memberships. Additionally, details of previous audits or assignments and expertise in specific sectors may also be required.
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