KR Sriram Principal Accountant General (Economic & Revenue Sector Audit) Andhra Pradesh

Article 148

Appointment of CAG; removal (similar to Supreme Court Justice); not eligible for further office

Conditions of service of staff of Indian Audit and Accounts Department (IA&AD) prescribed after consultation with CAG

CAG office expenditure “charged” on Consolidated Fund of India

Articles 149 & 150

Duties and powers in relation to accounts prescribed by law made by Parliament; form of accounts of Union and States prescribed by President on advice of CAG

Article 151

CAG’s Reports on Union submitted to President for laying in Parliament; Reports on State submitted to Governor for laying in State Legislature

CAG’s (Duties, Powers and Conditions of Service) Act, 1971

Union & State Governments

Bodies or Authorities substantially financed by Government

Government Companies

“Entrusted” Audits

Audit of Urban Local Bodies (ULBs) and Panchayati Raj Institutions (PRIs) – Technical Guidance & Supervision

Director General/ Principal Director of Audit

Ministries and Departments

Central Receipts

Defence

Indian Railways

Posts and Telecommunications

Overseas Establishments

Central Government PSUs

Principal Accountant General/ Accountant General

General & Social Sector Audit

Economic & Revenue Sector Audit

Restructuring of offices in April 2012

Principal Accountant General/ Accountant General (Accounts & Entitlements)

Compilation of monthly and annual accounts

Maintenance of Provident Fund accounts

Authorisation of Pension & Gratuity

House Building & Other Advances/ Payslips of selected categories of officials

Headquarters Office

CAG; Deputy CAGs; Addl. Deputy CAGs

Field Offices

Principal Accountant General/ Accountant General or Director General/ Principal Director

Senior Deputy AG/ Deputy AG or Director/ Deputy Director

Assistant Accountant General

Supervisory Officials

Sr. Audit/ Audit or Accounts Officers

Asst. Audit or Accounts Officers

Regulations on Audit & Accounts Auditing Standards Types of Audit

Financial Audit Correctness of financial statements

Compliance Audit Compliance with laws, rules & regulations Financial propriety

Performance Audit Programmes/ schemes/ organisation/ activities Economy of costs; efficiency of operations; and effectiveness

(achievement of intended objective)

Prior intimation to office about proposed audit Entry Conference (for performance audits) Field audit work Draft audit findings/ report for obtaining

Departmental responses Exit Conference Audit Report Follow-up

Examination by Public Accounts Committee/ Committee on Public Undertakings

Action Taken Reports

Performance Audits

Renewed focus/ resources applied to performance audits (reduced emphasis on compliance audits)

Guidelines & methodologies revised in line with international best practices

Compliance audits being revamped

Thematic audits

Department-centric audits

District-centric audits

Audit Techniques

Going beyond examination of files & documents to cover

Physical inspection of sites/ works

Survey of beneficiaries

Website of CAG of India

www.cag.gov.in or www.saiindia.gov.in