When you are auditing a limited partnership, you must follow the auditing and assurance standards. You have to do the audit in a way that meets all the standards that apply. Your report must also meet the requirements of all the applicable auditing and assurance standards.

If you are auditing for the purposes of section 75A, you must comply with the standards. This means you have to do the audit and write the report in a certain way. You must follow the rules that apply to auditing and assurance.

This rule does not apply to limited partnerships that are public entities. You do not have to follow this rule if the limited partnership is a public entity. In that case, different rules might apply.