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What is the job of an 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 is the role of comptroller and auditor general?
The Constitution of India [Article 148] provides for an independent office to the CAG of India. He or she is the head of Indian Audit and Accounts Department. He/she has a duty to uphold the Constitution of India and laws of the Parliament to safeguard the interests of the public exchequer.
Who is an auditor general?
The current Auditor General, Adolphus Aghughu, was appointed as acting Auditor General on 26 October 2020 before being appointed on a permanent basis on 26 January 2021. He was confirmed by the Senate on 17 February 2021.
Who appoints Comptroller and Auditor General of India?
the President
Article 148 – Comptroller and Auditor-General of India There shall be a Comptroller and Auditor-General of India who shall be appointed by the President by warrant under his hand and seal and shall only be removed from office in like manner and on like grounds as a Judge of the Supreme Court.
Who audits Auditor General?
Under Section 41 of the Exchequer and Audit Act, the Treasury (Minister of Finance), audits the accounts and financial statements of the Auditor General’s Department.
What are his responsibilities as a comptroller in a company?
A Comptroller, or Financial Controller, is responsible for ensuring an organization remains in good financial standing. Their duties include building financial strategies for a company, creating annual and quarterly budgets and overseeing employees’ payroll processes.
Why is it called comptroller?
Years ago in the 1800’s, the term “comptroller” arose from a careless misspelling of the term “controller.” From then on, the spelling, along with the duties of a regular controller, stuck and the term “comptroller” became a similar term referring to a financial officer in the government sector.
Who appoints comptroller and Auditor-general?
There shall be a Comptroller and Auditor-General of India who shall be appointed by the President by warrant under his hand and seal and shall only be removed from office in like manner and on like grounds as a Judge of the Supreme Court.
Who can remove Comptroller and Auditor-General of India?
CAG can be removed by the President only in accordance with the procedure mentioned in the Constitution that is the manner the same as the removal of a Supreme Court Judge. He is ineligible to hold any office, either under the Government of India or of any state, once he retires/ resigns as a CAG.
What are the duties and powers of Comptroller and Auditor General?
Article 149: Duties and Powers of the Comptroller and Auditor General: To perform such duties and exercise such powers in relation to accounts of the Union of India and the states and of any other bodies or authority, as may be prescribed by any law made by the Parliament.
Who is the Comptroller and Auditor General of India (CAG)?
The Constitution of India provides for an independent office of the Comptroller and Auditor General of India (CAG). He is the head of the Indian audit and accounts department. He is the guardian of the public purse and controls the financial system of the country both at the central level and state level.
Is the C&AG a comptroller or Auditor-General?
The C&AG is responsible to the Parliament and as such he is a Comptroller as well as an Auditor-General. But unlike UK, the executive can draw money from public exchequer without the approval of C&AG. The new role, which is somewhat vague and overlapping makes him more of a Auditor-General.
Can a selection committee be appointed for the Comptroller and Auditor General?
A selection committee may be appointed in this regard. The current Comptroller and Auditor General of India (CAG) is G.C. Murmu (from August 2020). He is the 14th CAG of India. Before Murmu, it was Rajiv Mehrishi who held the position from 2017 to 2020.