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LLPs can operate with non ca partners in line with international standards. Can anyone please explain this !!?
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A firm/LLP can partner with non-CAâ??s and still be appointed as auditor. but audit report can be signed by a CA only. Sec 141(2) states "Where a firm including a limited liability partnership is appointed as an auditor of a company, only the partners who are chartered accountants shall be authorised to act and sign on behalf of the firm."
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