Hi ,
Is limitted review audit is applicable for the Pvt ltd company which is 100% subsidiary of foriegn company?
If so can any ony please provide the limitted audit report format.....
thanx in advance
Arvind Sharma
(ACA)
(1432 Points)
Replied 18 February 2014
Limited Review is required only for Indian Listed Companies as they are only bind to follow Clause 41 of Listing Agreement.
As regard to subsidiary of foreign company, look regulatory requirement of that foreign company and do accordingly.
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