![]() Audit Report shall be furnished in Form No.(iii) Check whether the financial statements agrees with the trial balance. (d) Amount applied towards the object of the trust are covered by the objects of trust as specified in the trust deed. (c) Proper accounting of all incomes and expenses on the basis of the system of accounting followed by the trust (b) transaction is properly authorized by the trustees or other delegated authority ![]() ![]() (a) transaction falls within the ambit of the trust (ii) Vouch the transactions of the trust so as to ensure the following: (i) Examine the system of accounting and internal control. Balance Sheet and Profit & Loss account of the trust authenticated by the trustee.Trial Balance as at end of accounting period.A list of accounting records maintained by the trust. ![]()
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