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Asked by Chiranjibi on :Feb. 08, 2018

How does the Comptroller and Auditor General perf…

How does the Comptroller and Auditor General perform the Audit of Government Companies and Corporat…

How does the Comptroller and Auditor General perform the Audit of Government Companies and Corporations?

0

Chiranjibi Feb. 08, 2018

The procedure of audit of government companies and public enterprises are pretty similar to that of other companies as the same provisions of the Companies Act, 2013 are followed, with the slight twist that the auditor shall be appointed by the CAG.

He will direct such auditor about the manner in which the accounts of that company should be audited. After his audit, he will submit a copy of his audit report to the CAG regarding the findings and the actions taken by that auditor

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