34A. Accounting and auditing standards.—The Central Government may, in consultation with the National Financi… — THE LIMITED LIABILITY PARTNERSHIP ACT, 2008

[34A. Accounting and auditing standards.—The Central Government may, in consultation with the National Financial Reporting Authority constituted under section 132 of the Companies Act, 2013 (18 of 2013),--

2 [34A. Accounting and auditing standards.—The Central Government may, in consultation with the National Financial Reporting Authority constituted under section 132 of the Companies Act, 2013 (18 of 2013),-- (a) prescribe the standards of accounting; and (b) prescribe the standards of auditing, as recommended by the Institute of Chartered Accountants of India constituted under section 3 of the Chartered Accountants Act, 1949 (38 of 1949), for a class or classes of limited liability partnerships.]

Section 2