LLP consultancy and CA firm (( IS this Possible))
This query is : Resolved
17 February 2010
is this possible?? A LLP firm which offers consultancy and under this umbrella a few few CA firms operating too who do statute audit etc?
> Also Can a practicing CA have a Stake in this LLP(which offers only Consultancy & internal Audit)
> And is this structure anyway similar to the "big 4" ?
> Also Can a practicing CA have a Stake in this LLP(which offers only Consultancy & internal Audit)
> And is this structure anyway similar to the "big 4" ?
Aditya Maheshwari
(Expert)
17 February 2010
A LLP firm can offer consultancy but cannot do audit as the same is not allowable as per companies act.
Big 4 have the structure abroad as LLP's and not in India.
In india still they have partnership firms only for audits.
Big 4 have the structure abroad as LLP's and not in India.
In india still they have partnership firms only for audits.
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