Preliminary Audit Statement
Before the advent of the current procedure requiring audit papers to be pre-filed rather than submitted at the call of the list, and for some time thereafter, the Court required a printed form to supply certain information preliminary to receipt of the audit papers. This is not currently the practice; however, the following note is retained in this edition for cautionary value.
Counsel who prepares the preliminary audit statement should be aware that if item 7(a) ("Is trustee willing to accept confirmation without prejudice") is answered in the affirmative the appointment of an ad litem may be waived. See 6.6. However, an adjudication entered without prejudice will not discharge the accountant as to the interests of all persons who are then minors, or otherwise not sui juris, or who may come into being prior to the next accounting. The informed consent of the accountant is therefore essential before an affirmative answer is given.