What are the limitations of CAG?

What are the limitations of CAG?

The secret service expenditure is a limitation on the auditing role of the CAG. In this regard, the CAG cannot call for particulars of expenditure incurred by the executive agencies but has to accept a certificate from the competent administrative authority that the expenditure has been so incurred under his authority.

Who can CAG audit?

Whom do we audit? All the Union and State Government departments including the Indian Railways,Defence and Posts and Telecommunications. About 1500 public commercial enterprises controlled by the Union and State governments, i.e. government companies and corporations.

Can PM cares be audited by CAG?

His submission is that NDRF is audited by CAG, but PM CARES Fund is not audited by CAG rather by a private Chartered Accountant”.

Can RBI be audited by the CAG?

The CAG is formed to Audit the income and Expenditure of Central and State Govts,They have no authority to Audit other institutions . As far as RBI is concerned as per RBI Act 1934 ,section 1 and 2 Govt is appointing the Auditor

Does CAG audit the Defence Accounts of India?

There is a department in defence called Defence Accounts. Its officers are from IDAS. But their duty is quite different from CAG. No, CAG does’t audit the defence accounts of India.

What is the role of CAG in SBI SBI audit?

Incidently the Auditors from CAG /AGs office conduct an annual audit of Govt accounts maintained in The PAD (Public Accounts Department ) of RBI and CAS (Nagpur ) and we submit compliance thereon through our Central Office. For SBI and other PSBs audit purposes CAG empanels Statutory Central Auditors (SCAs)SCAs. Kindly refer below:

Does the CAG audit all departments of the government?

Yes. CAG audits all the departments of Central Government, PSUs and even state governments, High Courts, Supreme Court, Governor Office/house, President Secretariat, Embassies etc. It is a constitutional authority. Some persons confuse it with accounts services.