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LLP

Auditing

Screenshot attached partners in LLP and partnership firm practicing CA Firms Video Details Advanced Auditing & Professional Ethics (Without SA) Professional Ethics 25. S.25 COmpanies not to engage in Accountancy

R Yashwanth Kumar

CA Final

★ 62K+

25-Apr-24 09:34

Answers (3)

LLP can have individuals and body corporate as partners. LLP can be a practicing CA firm

Pradnya Bajaj

Faculty

25-Apr-24 23:17

Only LLP's having company as a partner are disallowed, and LLP's having individuals or any other body corporate other than company is allowed

Thread Starter

R Yashwanth Kumar

CA Final

★ 62K+

28-Apr-24 07:18

LLP is a body corporate qualified to be appointed as an auditor. Only partners who are CA can act and sign on behalf of the LLP. So if all partners are companies, there is no possibility of CA acting ;as Individuals only can be Chartered Accountants .

Pradnya Bajaj

Faculty

28-Apr-24 09:32