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Mohit Fulwani asked 1 year ago

Sir one question,
In which one private limited company converted into LLP,
SO is there any need to appoint seperate auditor for LLP and Company and need to conduct audit of company before conversion.,
If yes so sir why ?

1 Answers
RaviRavi Staff answered 1 year ago

Suppose conversion happened as on 31st August
then 2 set of books & financial statements will be prepared
1 for company from 1st april to 31st august for company
and 2nd from 1 sept to 31st march for LLP
you need 2 audit reports 2 different entities
both audit reports are governed by different law
both audits can be done by same auditor

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