Question ID : 21495
SRS 4410 vs Statutory Audit
Can a proprietor who have performed engagement as per SRS 4410 of LLP, do a statutory audit of the same LLP ? Because, wordings of SRS 4410 "We have applied our expertise in accounting and financial reporting to assist you in the preparation and presentation...." If proprietor is assisting in preparation then how can he do stat audit the same entity ? Kindly clarify..
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