Trust Accounts, Including the History, Preparation, Investigation And Audit Thereof

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Vouchers, where possible, must be produced for all deductions.
Evidence must be furnished that the balance of sJl such income has been duly paid to the parties entitled if mi juris, or has been properly invested, if held over in trust for an infant or other person under disability.
Generally. — The auditor must reahse that it is his duty to detect any error of omission or commission which may exist, and to satisfy himself, as far as he possibly can, that the estate has been duly and properly ad
...ministered in accordance with the general law as modified or enlarged by the trust instrument (if any).
The Investigation of the Condition of the Trust The duties of an auditor when acting under the provisions of the Public Trustee Act are not at an end when he has completed his audit and ascertained and brought down the balances, because he has also to investigate the condition of the trust.
For this purpose he vdll again approach the trust as a whole, bearing in mind the cash balances and the trust assets and securities, which he has satisfied himself are in existence.


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