Greeting members,
I have to do the audit of orphange children home(Whether society or trust i have no idea), what will be the audit programme of this and what are the main areas of checking. Please help me out its very urgent.
Naina singh
naina singh (student) (111 Points)
26 May 2008Greeting members,
I have to do the audit of orphange children home(Whether society or trust i have no idea), what will be the audit programme of this and what are the main areas of checking. Please help me out its very urgent.
Naina singh
Vinay
(Student)
(23 Points)
Replied 29 May 2008
Hi Naina,
Atleast u should know the status & send us the more detail about the audit then it will be possible to make a audit programme
Vinay Singh
Ranjini.V
(CA Student)
(141 Points)
Replied 01 June 2008
Usually orphanages will be trusts. But you will have to know the status of the orphanage. The main income for an orphanage will be donations. This will be the main area of concentration. Further analysis as to the nature of donation - corpus or otherwise is required.