What is CAG certificate?
Certificate of the Comptroller and Auditor General of India The Finance Accounts of the Government for the year showing the financial position along with the accounts of the receipts and disbursements of the Government for the year are presented in a separate compilation.
What is financial audit by CAG?
1 Financial Audit: focuses on determining whether an entity’s financial information is presented in accordance with the applicable financial reporting and regulatory framework.
Which reports are submitted by CAG?
The CAG submits three audit reports to the President:
- Audit Report on Appropriation Accounts.
- Audit Report on Finance Accounts.
- Audit Report on Public Undertakings.
What is CAG form?
CAG Recruitment 2021 – FAQ. The Full Form of CAG is Comptroller and Auditor General of India.
How do you become a CAG?
After getting the post of Assistant Audit Officer, you must go for a training which is conducted by Indian Audit and Account Department (IA&AD) of CAG (Comptroller and Auditor General). The training period will be 3 months. There are 12 Regional Training Institute in India which provide the AAO training.
How do I get CAG application form?
CAG recruitment 2021: How to apply No application should be to the CAG Office New Delhi. The Forms and Annexures can be downloaded from the website www.cag.gov.in.
How is CAG audit done?
The Audit Reports of the CAG submitted to the Parliament and State Legislatures consist of compliance and performance audit reports covering revenue collection and expenditure of Government, separate audit reports on the functioning of certain autonomous bodies as provided by legislation, reports on the Financial …
Who is present CAG?
Girish Chandra Murmu
Murmu is the current CAG of India. He assumed office on 8 August 2020. He is the 14th CAG of India….
| Comptroller and Auditor General of India | |
|---|---|
| Incumbent Girish Chandra Murmu, IAS since 8 August 2020 | |
| Abbreviation | CAG |
| Reports to | President of India |
Is RBI audited by CAG?
“In India, CAG does not audit the RBI, whose auditors are appointed by Central Government under the provisions of the RBI Act. CAG conducts audit of other financial sector regulators like SEBI, IRDA and PFRDA but does not conduct performance audits,” Mr. Sharma added.
Who can apply for CAG?
CAG recruitment 2021 age limit: Candidates should be between the age of 18 to 27 years for the Auditor/Accountant post, Clerk/DEO-Grade-A.
How is CAG of India appointed?
CAG is appointed by the President by warrant under his hand and seal and provided with tenure of 6 years or 65 years of age, whichever is earlier. CAG can be removed by the President only in accordance with the procedure mentioned in the Constitution that is the manner same as removal of a Supreme Court Judge.