Audit Reports

The accounts certified by the Statutory Auditors (Chart ered Accountants) appointed by the CAG under the Companies Act are subject to the supp lementary audit by CAG whose comments supplement the reports of the Statutory Au ditors. In addition, these companies are also subject to test audit by............

REPORT OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA ON STATE FINANCES FOR THE YEAR ENDED 31 MARCH 2017 GOVERNMENT OF NAGALAND Report No. 1 of the year 2018 PLACED BEFORE THE STATELEGISLATURE ON............

of annual accounts of three of the autonomous bodies whose audit was entrusted to the Comptroller and Auditor General of India (CAG) under the CAG’s (Duties, Pow ers and Conditions of Service) Act, 1971 (DPC Act) is given in Table 3.4 below: Table 3.4: Position of outstanding annual............

Urban Local Bodies (ULBs): The Ministry of Urban Development, GoI in consulta tion with the CAG of India developed (December 2004) National Municipal Accounts Manual (NMAM) which is based on double entry accrual based accounting system and circulated it to the State Governments for adoption............

In addition to the statutory audit conducted by the Statutory Auditors, supplementary audit of these companies had also been taken up by the CAG under Section 143 (6) (a) of th e Companies Act, 2013 5. 2.1.4 During the years 2016-17 and 2017-18, the State Go vernment incorporated two new............

Trends of persistent savings are being highlighted in the Report of the CAG on State Finances every year but no corrective measures had been taken by the departments concerned to correct the situation. We suggest strong action against the erring officials. Chapter II: Financial Management and............

Report of the Comptroller and Auditor General of India on Revenue Sector for the year ended 31 March 2018 Government of Assam Report No. 2 of 2019 PARTICULARS PARAGRAPH PAGE Preface v Overview vii............

The issue of non-compliance with above Government’s directions by the different DDOs was mentioned repeatedly in the earlier Audit Reports of CAG on State Finances. This issue was also taken up (April 2015) by the CAG with the Chief Minister of Assam for taking remedial measures, but the............

Effectiveness of Internal A\bdit 10 Chapter II: Audit Mandate, Products and Impact 11-25 i. A\bthority of the CAG for a\bdit of receipts 11 ii. Examination of systems and proced\bres and their efficacy 11-13 iii. Persistent and pervasive irreg\blarities in respect of Corporation Tax and Income............

is payable bi-monthly and should be ca lculated finally for every financial year after the receipt of final revenue f i\bures, as audited by the CAG. 1.4.5 Anti-profiteering Section 171 of CGST Act, 2017 stipulated that any r eduction in rate of GST on any supply of \boods or services as............