The Ministry/Statutory Corporation/Central Public Sector Enterprises (CPSE's) and Central Autonomous Bodies (CAB) under audit jurisdiction of Environment Audit Wing of O/o the Director General of Audit, Environment and Scientific Departments, New Delhiare audited in accordance with the requirements of Articles 149 and 151 of the Constitution of India and section 13, 19 and 20 of the Comptroller and Auditor General’s (Duties, Powers and Conditions of Service) Act, 1971.
The CAG of India has the responsibility of certifying and providing assurance on the accounts of Union and State Governments. The C&AG acts as the sole auditor, by the virtue of the provisions in the Constitution of India.
This wing carries out the audit of
- Appropriation Accounts, Finance Accounts of two Union Ministries i.e.Ministry of Environment, Forests and Climate Change; Ministry of New & Renewable Energy.
- Certification of accounts of Central Autonomous Bodies (CAB) and CPSEs under the administrative control of these two Ministries.
Accounts in so far as the Union Government is concerned denote theFinance Accounts and Appropriation Accounts (FA&AA). Financial Attest Audit of Government accountsis about expressing an audit opinion on the FA&AA. It requires audit of financial systems andtransactions, including evaluation of compliance with applicable statutes and regulations. The objectives of FAA are to:
- verify whether the accounts of the Government are properly prepared, are complete in all
respects and are presented with adequate disclosures;
- assure that there is no material misstatement in annual accounts certified by audit; and
- certify that the annual accounts provide a true and fair financial status of the Government.
In case of Central Autonomous Bodies, this wing certifies the Income and Expenditure Account & Receipt and Payment Account for the year ended on that date under Section 19(2) of the Comptroller & Auditor General’s (Duties, Powers & Conditions of Service) Act, 1971 and issues Separate Audit Report (SAR) to the Central Autonomous Bodies.
As per section 19 of the Act, the duties and powers of the Comptroller and Auditor General in relation to the audit of accounts of Government companies shall be performed and exercised by him in accordance with the provisions of the Companies Act, 2013.The Accounting Standards (AS)/Indian Accounting Standards (Ind AS), auditing standards, guidance notes etc. issued by the Central Government/Institute of Chartered Accountants of India (ICAI) should be kept in view while carrying out the audit of Government companies or any other company.