Section 34A - Accounting and auditing standards - Limited Liability Partnership Act, 2008

1 [ Accounting and auditing standards 34A. The Central Government may, in consultation with the National Financial Reporting Authority constituted under section 132 of the Companies Act, 2013 (18 of 2013),- (a) prescribe the standards of accounting; and (b) prescribe the standards of auditing, as recommended by the Institute of Chartered Accountants of India constituted under section 3 of the Chartered Accountants Act, 1949 (38 of 1949), for a class or classes of limited liability partnerships. ] ************* NOTES:- 1. Inserted vide THE LIMITED LIABILITY PARTNERSHIP (AMENDMENT) ACT, 2021 dated 13-08-2021 w.e.f. 01-04-2022