Revised SEBI Procedure/ Formats for Limited Review/ Audit Reports of Listed Entities

SEBI has notified the revised procedure/ formats for Limited Review/ Audit Reports of Listed Entities (including those entities whose accounts are to be consolidated with the listed entity), applicable w.e.f. 1 April, 2019, in line with changes suggested by Kotak Committee in the matter of

Group Audit.

As per amended SEBI LODR Regulations, Statutory auditors of a listed entity shall undertake a limited review of the audit of all the entities/ companies whose accounts are to be consolidated with the listed entity as per AS 21, in accordance with guidelines issued by the SEBI on this matter.

SEBI Circular dt. 29 March 2019: Revised Procedure/ Formats for Limited Review/ Audit Reports of Listed Entities