Plans afoot to put LLPs and cos on par in accounting
- Posted on November 11, 2024
- By Business News Today
- 2 Views
Plans afoot to put LLPs and cos on par in accounting
The Indian government is considering implementing new accounting standards for large limited liability partnerships (LLPs) to enhance transparency and accountability. These standards, aligned with those for companies, aim to improve financial disclosures and attract more investors to LLPs.