Economic Sector Audit-I

The audit scope encompasses the period of audit to be covered in respect of an audited entity in conducting financial audit, performance audit and compliance audit, in accordance with the provisions contained in theC.P.W.A. Code, Accounts Code Vol-III and the Financial Rules/Departmental Codes/Manuals of the State Government and orders of C&AG as available in M.S.O. (Audit) & M.S.O. (A&E) and Regulation of Audit and Accounts.

Economic Sector Audit-II

Authority for determination of scope of audit

Under Section 23 of the CAG’s DPC Act, 1971, the scope of audit shall be determined by theComptroller and Auditor General.

Within the audit mandate, the Comptroller and Auditor General is the soleauthority to decide the scope and extent of audit to be conducted by him or on hisbehalf. Such authority is not limited by any considerations other than ensuring thatthe objectives of audit are achieved.

In the exercise of the mandate, the Comptroller and Auditor Generalundertakes audits which are broadly categorised as financial audit, compliance auditand performance audit, as elucidated in Chapter 5, 6 and 7 respectively.

The scope of audit includes the assessment of internal controls in the auditableentities. Such an assessment may be undertaken either as an integral component of anaudit or as a distinct audit assignment.

The Comptroller and Auditor General may, in addition, decide to undertakeany other audit of a transaction, programme or organisation in order to fulfill themandate and to achieve the objectives of audit.

Revenue Sector Audit

*To find out whether relevant Acts, Rules, Regulations and order have been complied with in case of both Receipts and Expenditure.

* To find out occurrence of Lacunae, if any.

* To check the observance of proper accounting policy.

Back to Top