NFRA finalises and recommends Auditing Standards to the Central Government for notifying under Section 34A of LLP (Amendment) Act 2021 https://www.taxtmi.com/news?id=28130 The Authority recommended that 40 Standards on Auditing and related Standards on Quality Management, previously finalised for company audits, be applied to LLP audits on a mutatis mutandis basis and be notified to the Central Government under the LLP amendment, subject to government approval and proposed to take effect from 1 April 2026; ICAI representatives supported the proposal while reiterating reservations on certain SQMs and specified SAs. en-us Mon, 25 Nov 2024 23:24:04 +0530 Tue, 26 Nov 2024 11:08:00 +0530 TaxTMI RSS Generator NFRA finalises and recommends Auditing Standards to the Central Government for notifying under Section 34A of LLP (Amendment) Act 2021 https://www.taxtmi.com/news?id=28130 The Authority recommended that 40 Standards on Auditing and related Standards on Quality Management, previously finalised for company audits, be applied to LLP audits on a mutatis mutandis basis and be notified to the Central Government under the LLP amendment, subject to government approval and proposed to take effect from 1 April 2026; ICAI representatives supported the proposal while reiterating reservations on certain SQMs and specified SAs. News - Mon, 25 Nov 2024 23:24:04 +0530 https://www.taxtmi.com/news?id=28130