What is the meaning of Controller and Auditor General?
An auditor general, also known in some countries as a comptroller general or comptroller and auditor general, is a senior civil servant charged with improving government accountability by auditing and reporting on the government’s operations.
What are the powers of Controller and Auditor General?
-( l) The Controller and Auditor-General shall, on behalf of the National Assembly, examine, inquire into and audit the accounts submitted to him as required under the Public Finance Act, Local Government Finances Act and any other written laws and perform any other functions which he is authorised to perform by or …
What is the role of the auditor general?
The Auditor-General checks the spending of public funds & resources by looking at whether these were used for the intended purposes with regard to economy, efficiency and effectiveness. The Auditor-General checks all government spending every year. This checking process is called audit.
What is the difference between Comptroller and Auditor General?
In 1866, the position was renamed Comptroller General of Accounts, and in 1884, it was re-designated as Comptroller and Auditor General of India. Under the Government of India Act 1919, the Auditor General became independent of the government as statutory backing was given for the position.
What is Auditor General report?
The annual report deals with the financial matters affecting the affairs of the Auditor-General of South Africa (AGSA), as well as the performance review against predetermined objectives outlined in the budget and strategic plan document.
What is the role of the auditor general in South Africa?
The Auditor-General South Africa (AGSA) conducts regularity audits of national and provincial government departments, identified public entities, municipalities and municipal entities (its clients or auditees).
What is the role of the auditor general in Ghana?
(1) The Auditor General shall examine, inquire into and audit the accounts of all accounting officers and receivers of revenue and all persons entrusted with the assessment of, collection, receipt, custody, issue of payment of public moneys, or with the receipt, custody, issue, sale, transfer or delivery of any stamps.
whAT is the difference between Accountant General and Auditor General?
So the two functions are different: the Accountant-General maintains the accounting records, prepares financial statements; but the Auditor-General gives assurance.
whAT is Auditor General report?
Can a CA become CAG?
16 August 2011 go for SSC(staff selection commission) exam called combined graduate level exam(CGL) but it has nothing to do with a CA as any commerce graduate can become a CAG auditor after successfully cleraing the above exam of CGL tier -1 and tier-2 and then gd and interview but with that you also dont get handsome …
Can CAG attend Parliament?
The Comptroller and Auditor General of India can not attend the sittings of Parliament. The CAG can be removed by the President in the same manner as the judge of the Supreme court. The power of the CAG is not co-extensive with the powers of the Union Government.