Hi,
Please let me know whether a trustee(who is a CA) can audit that trust and sign the financial statements?
Thanks and regards.
CA R SEETHARAMAN
(CA Practice )
(145997 Points)
Replied 01 August 2014
If you see the heading of the audit report it is Independent Auditor's Report, being trustee he cannot give any independent Auditor's Report. hence he can't audit.