Contents of the auditor's report—LLPs
Contents of the auditor's report—LLPs

The following Corporate practice note provides comprehensive and up to date legal information covering:

  • Contents of the auditor's report—LLPs
  • Auditor's report
  • Annual accounts
  • General offence in relation to an auditor's report

This Practice Note looks at the statutory requirements in Part 16 of the Companies Act 2006 (CA 2006) relating to the content of the auditor's report on the accounts and reports of an LLP as applied to limited liability partnerships (LLPs) by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, SI 2008/1911.

In relation to the need for an auditor's report, see Practice Note: When must an LLP’s accounts be audited?

Auditor's report

An LLP's auditor must make a report on the annual accounts of the LLP if copies of those annual accounts are, in accordance with the applicable statutory provisions, to be sent to the members during the auditor’s term of office.

For further information on an auditor's duties and rights, see Practice Note: An auditor’s duties and rights.

Annual accounts

The auditor's report on an LLP's annual accounts must include:

  1. an introduction identifying the annual accounts covered by it and the financial reporting framework applied in the preparation of those annual accounts (ie, accounts prepared in accordance with the Companies Act 2006 (CA 2006) or international accounting standards (IAS), see Practice Note: LLP Accounts—an outline of the statutory framework)

  2. a description of the scope of the audit identifying the auditing standards in

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