Question

Accounting of Public Trusts is regulated under the provisions of​

Answer 1

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Auditing of NPO' issued by ICAI. Maharashtra Public Trusts Act, 1950 is governed by Chapter – V of the act covering provisions on 'Budget, Accounts and Audit'. Section 31A, 32, 33(2) and 34(1) and Rules 16A, 17, 19, 20 and 21 deal with accounts and audit of public trusts.

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Answer 2

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Auditing of NPO' issued by ICAI. Maharashtra Public Trusts Act, 1950 is governed by Chapter – V of the act covering provisions on 'Budget, Accounts and Audit'. Section 31A, 32, 33(2) and 34(1) and Rules 16A, 17, 19, 20 and 21 deal with accounts and audit of public trusts.