Can a ca son of a trustee audit a charitable trust?

yashsr (CA) (2285 Points)

02 April 2012

Hello,

Can a son(who is a CA) of a trustee audit a charitable trust? Just FYI, there are 11 trustees in the particular trust. Or is he disqualified?

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5 Replies

Balaji Sarangarajan (MBA & (CA Final)) (1131 Points)
Replied 02 April 2012

Hi,

If your father is the trustee of the charitable trust. you cannot audit the charitable trust.

Experts If i am wrong pls correct me.

Balaji

yashsr (CA) (2285 Points)
Replied 03 April 2012

Originally posted by : Balaji Sarangarajan
	Hi, If your father is the trustee of the charitable trust. you cannot audit the charitable trust. Experts If i am wrong pls correct me. Balaji

Any particular section in Bombay Public Trusts Act which deals with this? If what you're telling is true, Is there any work-around for the same?

Kolluru Krishna Murty (Partner) (315 Points)
Replied 04 April 2012

Though there is no statutory embargo,prudence does not permit to do so. kkm

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KAMAL (CA) (26 Points)
Replied 01 April 2016

if his father is a member of the trust, can a son (who is a CA) can do audit of such trust

Rahul (Practice) (74 Points)
Replied 30 December 2021

He should be allow, because CA is independent body and he is excersing his knowledge to do the audit.

and he also giving true and fair picture of financial statement.m

Also ICAI must be think on the same and allow CA to do audit of relative.

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