A dress code for practising Chartered Accountants will be out by the end of this month with Institute of Chartered Accountants of India giving finishing touches to the recommendatory proposal to give its professionals a corporate look and don a new brand identity.
"We are in the process of finalising a dress code that will be announced by the end of this month," ICAI president TN Manoharan said in New Delhi.
He, however, said the proposal would not be mandatory in nature. "It will be more of a recommendation, though we expect it to be followed by the professionals," Manoharan said.
Elaborating on the proposal, he said the dress code would not be for day-to-day affairs but for events like business meetings and other official representations and engagements.
Set up under an Act of the Parliament, ICAI is the apex governing body working for regulation and development of the accuntancy profession in India.
Manoharan clarified the code would be applicable only to professionals working in individual or partnership capacity.
"Those who are employed with companies are not bound to follow as they will be acting as per the requirements and stipulations of the organisation they work for," he added.
A formal dress code, he said, could be a full-sleeve shirt, tie and shoes.
ICAI is also working on the design of a logo that Chartered Accountants could use on their visiting cards, letter-heads and other stationery.
This follows a similar initiative of the institute where it had allowed its members to prefix the letters 'CA' before their names, similar to what doctors do.