LLP consultancy and CA firm (( IS this Possible))

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darshan (Querist)
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17 February 2010 is this possible?? A LLP firm which offers consultancy and under this umbrella a few few CA firms operating too who do statute audit etc?

> Also Can a practicing CA have a Stake in this LLP(which offers only Consultancy & internal Audit)

> And is this structure anyway similar to the "big 4" ?

Aditya Maheshwari

Aditya Maheshwari (Expert)
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17 February 2010 A LLP firm can offer consultancy but cannot do audit as the same is not allowable as per companies act.

Big 4 have the structure abroad as LLP's and not in India.

In india still they have partnership firms only for audits.