Trust audit
This query is : Resolved
22 August 2014
If Mr. A is a CA, and Mr. C a brother of Mr. A's Father (Uncle)is a trustee of XYZ Trust, now Mr.A can do a audit of XYZ trust?
Nikhil Kaushik
(Expert)
23 August 2014
ideally not. the independence cannot be guaranteed as the trustees has a significant control over the functioning of the trust.
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