Exceptance of audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 July 2011
If uncle of the CA is a trustee of a Trust then that CA can except the statutory Audit of that trust ?
And whether any disclosure required by that CA in his AUdit Report
And whether any disclosure required by that CA in his AUdit Report
26 July 2011
Dear Author,
As per the international professional conduct for accountants, a trustee should not accept audit of the trust, as it may seriously hamper the independence which is the basis of any audit. However, if he accepts the audit, the disclosure in that regard is necessary in the Auditors' Report.
As per the international professional conduct for accountants, a trustee should not accept audit of the trust, as it may seriously hamper the independence which is the basis of any audit. However, if he accepts the audit, the disclosure in that regard is necessary in the Auditors' Report.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
