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    Role of Comptroller and Auditor General of India

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    Raaj Kumar
    The Comptroller and Auditor General of India (CAG) is an authority established by the Indian constitution to audit all receipts and expenditures of the central and state governments. The CAG ensures that the executive follows parliamentary rules and regulations and acts according to the legislature's requirements. It is independent of executive control. The CAG oversees the Indian Audit and Accounts Department, which audits central and state government accounts, public sector undertakings, and union territories. The CAG acts as the government's financial watchdog and plays an important role in legislative oversight of public spending.

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    Role of Comptroller and Auditor General of India

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    Raaj Kumar
    543 views11 pages
    The Comptroller and Auditor General of India (CAG) is an authority established by the Indian constitution to audit all receipts and expenditures of the central and state governments. The CAG ensures that the executive follows parliamentary rules and regulations and acts according to the legislature's requirements. It is independent of executive control. The CAG oversees the Indian Audit and Accounts Department, which audits central and state government accounts, public sector undertakings, and union territories. The CAG acts as the government's financial watchdog and plays an important role in legislative oversight of public spending.

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    The Comptroller and Auditor General of India (CAG) is an authority established by the Indian constitution to audit all receipts and expenditures of the central and state governments. The CAG ensures that the executive follows parliamentary rules and regulations and acts according to the legislature's requirements. It is independent of executive control. The CAG oversees the Indian Audit and Accounts Department, which audits central and state government accounts, public sector undertakings, and union territories. The CAG acts as the government's financial watchdog and plays an important role in legislative oversight of public spending.

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    543 views11 pages

    Role of Comptroller and Auditor General of India

    Uploaded by

    Raaj Kumar
    The Comptroller and Auditor General of India (CAG) is an authority established by the Indian constitution to audit all receipts and expenditures of the central and state governments. The CAG ensures that the executive follows parliamentary rules and regulations and acts according to the legislature's requirements. It is independent of executive control. The CAG oversees the Indian Audit and Accounts Department, which audits central and state government accounts, public sector undertakings, and union territories. The CAG acts as the government's financial watchdog and plays an important role in legislative oversight of public spending.

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    Role of Comptroller and Auditor General of India (CAG)

    1. Enhancing accountability of the executive to the Parliament and State Legislatures by carrying out audits in the public sector and providing accounting services in the states in accordance with the Constitution of India and Laws as well as best international practices.

    The Comptroller and Auditor-General shall perform such duties and exercise such powers in relation to the accounts of the Union and of the States and of any other authority or body as may be prescribed by or under any law made by Parliament

    Who CAG ?
    Comptroller Auditor General of India (CAG)is an authority established by the constitution of India who audits all receipts and expenditures of Government of India and the state government including those of bodies financed by the government. The reports of the CAG are taken into consideration by the Public Accounts Committee.

    These PACs are special committees in the parliament of India and the state legislatures. The CAG is also the head of the Indian Audit Accounts Services/Department(IAAS). It is free of control from any executive authority. The officers of IAAS are in audit managerial capacity

    IAAS is responsible for the Audit of the Central, State Government including Union Territory and Public Sectors in India. IAAS is the governments financial watchdog and is a critical element in the checks on the government account.

    Roles of CAG
    The CAG plays double role, firstly it checks the extend of application by the government servant, of rules and regulations issued on behalf of the administration, secondly it ensures, on behalf of the legislature, that the action of the government in accordance with the requirements of the legislature.

    The CAG is granted right to conduct supplementary audit for the government commercial companies although the charted Accountant is authorized and required to certify the annual report of the government companies.

    The auditors ( statutory) of the CAG office conducts the audit for public sectors undertaking. The CAG may issue comments upon the audit report of the statutory auditors.

    The CAG is the governments financial watchdog. The IAAS audits the accounts of the state and central government and union territory in India. To prescribe, with the approval of president of India, the form in which the accounts of union or state are to be kept.

    To report the president of India or governor of the states or union territory on the accounts of the country or states or union territory. To perform such duties and exercise such powers in relations to accounts of union or states or any other body, as prescribed by any law made by parliament.

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