Trust & NGO Audits – Ensuring Transparency, Compliance & Donor Confidence
Trusts, Societies, and Non-Governmental Organizations (NGOs) operate with a social responsibility to utilize public funds and grants for intended charitable purposes. Transparent financial reporting, regulatory compliance, and proper fund utilization are critical to maintaining the credibility of such entities. Trust & NGO Audits play a vital role in ensuring accountability and governance.
We specialize in conducting audits for Trusts, Societies, and NGOs registered under the Indian Trust Act, Societies Registration Act, and Section 8 Companies under the Companies Act. Our audit approach ensures compliance with statutory requirements such as Income Tax Act (12A, 80G), FCRA (Foreign Contribution Regulation Act), and regulatory disclosures.
Our audits involve a comprehensive review of financial statements, donor fund utilization, adherence to objectives laid out in trust deeds or society bylaws, and compliance with applicable laws. We also assist in preparing audit reports for submission to governing authorities, donors, and funding agencies.
By partnering with us, NGOs and Trusts can ensure financial transparency, build donor confidence, and mitigate risks of regulatory non-compliance. Our experience in the not-for-profit sector enables us to provide practical insights that strengthen governance and improve financial control mechanisms.
Frequently Asked Questions (FAQs)
Yes, audits are mandatory under Income Tax Act provisions for Trusts and NGOs to avail exemptions and maintain donor credibility. NGOs receiving foreign funds must also comply with FCRA audit requirements.
Audit covers verification of financial statements, donor fund utilization, compliance with trust/society objectives, statutory filings (12A, 80G), and FCRA reporting (if applicable).
Yes, proper accounting of project-wise receipts and expenditures is crucial to ensure transparency, accountability, and donor reporting.
Audited financials provide assurance to donors that funds have been utilized responsibly and as per the intended objectives, thus enhancing credibility and trust.
Audit & Assurance
- Statutory Audits (Companies Act)
- Internal Audits
- Tax Audits (Income Tax Act)
- Bank Audits (Statutory & Concurrent)
- Forensic Audits
- Management/Operational Audits
- Stock Audits
- Due Diligence Reviews
- System & Process Audits
- ESG/CSR Audits
- Trust & NGO Audits
- Startup Audits
- Municipal Corporation Audits
- CAG Audits
- PSU Audits
- Social Audits (MNREGA, etc.)
- Autonomous Body Audits
- Co-operative Society Audits
- Parliament-tabled Audit Reports
- PSE Audits
CA. Dhiraj Jain
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