An auditor is a person who makes an independent report to a limited liability partnership’s members as to whether its annual accounts have been properly prepared in accordance with the Act. The report must also say if a limited liability partnership’s accounts give a true and fair view of its state of affairs and profit and loss for the year. Most limited liability partnerships are required to have their accounts audited - see question below. Read More -->

Tags: appointment of auditors, llp, removal of auditors