Question ID :
44930
Audit of Trust
I am practising in individual name. No peer review yet.
Can I sign audit report of any trust? FY24-25.
Is there is any threshold limit for trust audit by a non peer reviewed CA or CA firm?
Posted by
rahul godbole
on
Oct 27, 2025
Filed Under
AUDIT
Threshold limit is not applicable for audit of public trusts. The practice unit shall consider nature of business, size and number of employees for applicability of peer review for audit of trusts.
Posted by
CA. chunauti dholakia on
Nov 01, 2025
Answer ID :
86023
Yes, you can sign trust audits for FY 24-25 even without peer review.
There is no threshold limit.
Peer review rules do NOT apply to Trust audits.
Posted by
CA. JHA SHANKAR KUMAR on
Nov 17, 2025