Improvement 

trust and boards 
in development 
management 
and housing
Urban Improvement Trusts and 
Development Authorities
– Urban Improvement Trusts and Development Authorities are responsible for the
improvement and expansion of urban areas. In India, these Authorities are
playing an important role by planning, coordinating and supervising the proper,
orderly and rapid development of urban areas in their jurisdictions. Audit of
these entities involve many issues and unique peculiarities. Hence, auditors
undertaking audits of these entities need guidance in the form of a technical
guide on auditing dealing with such aspects.
– Over the years, the Auditing and Assurance Standards Board of ICAI has been
issuing various Technical Guides on auditing aspects for the benefit of the
members. I am happy that the Board has brought out this “Technical Guide on
Audit of Urban Improvement Trusts and Development Authorities”.
– The Technical Guide has been written in simple and easy to understand
language and provides comprehensive guidance on various issues involved in
audit of these entities to assist auditors in discharge of their professional
responsibilities.